Matthew Weaver
Bought two houses in one package deal.
Investment Info:
Single-family residence buy & hold investment in Culver.
Purchase price: $37,000
Cash invested: $37,000
Bought this property in Feb/2022. Since then, I made a few moderate upgra...
Chris Berg
1031 Exchange. Multiple People
We need help! Recently I have sold an investment tri-plex. I have the 1031 in place and ready to roll into something else. My best friend has 10 days remaining to declare his 1031 property.I have found a property that...
Andrew Sawczyn
Reduction in basis of a rental property by depreciation allowed.
I've had several homes (all initially built or purchased as personal residences) and calculating depreciation always seemed straightforward to me, but I am stumped at the following paragraph :From IRS publication 946 ...
Julio Gonzalez
An Overlooked Benefit of Cost Segregation!
Cost segregation studies have far more benefits than simply accelerated depreciation. One of those benefits is being able to accurately write off assets in the event of damage.
For example: You purchase a commercial ...
Tyler Hodgson
Mortgage Options: ARMs vs Fixed Rate
ARMs (Adjustable Rate Mortgages) are a product that haven't been mentioned much in the last few years. As rates were at all-time-low levels, the spread/benefit of an ARM was nearly non-existent. However, as rates are ...
Brendan M.
What are the tax implications of paying myself to property manage?
I just bought my first multifamily property and I have been thinking about how to maximize my tax benefits on it. If i can write off property management fees as an expense, can I pay myself (either as a sole proprieto...
Robert Littke
Income - Dividends
Tax Question, Can rental income from a property owned by a group of investors in an LLP be distributed as dividends? Thanks for the help.
Bill Gulley
LIBOR RATES MANIPULATED!
Well, they got caught, Barclay, the Bank of England manipulating the interest rate of the London Inner Bank Offer Rate (LIBOR). This is the rate charged for borrowing between banks internationally.
If you have an adj...
Jackie Sladky
Pros and Cons of a Two year Lease?
We have pleasant, reliable, and non-complaining tenants with us for a year now, and we are thinking of extending their lease for two years instead of just one. The only disadvantage I can see here is that we may have...
Tanner K.
Tax benefits of using seller financing
What are some of the benefits for the SELLER when using seller financing? I am in Minnesota and I’m trying to buy a rental property using contract for deed. I want to know all the benefits to the seller. How can the s...