I can't quite find the answer I'm looking for, I hope you can help. I built a house about a year ago and after some discovery on cost segregation and depreciation of various assets I got thinking. Is their more bene...
I had a good friend ask me this question today and I was not sure on the answer. Before I call our tax advisor to help my friend I would love to hear from the wise people of BP on the Issue. My friend bought a vacatio...
A cost segregation study was performed on this single family home in West Palm Beach, FL purchased in 2023 with a depreciable cost basis of $841,850. The home is 2 stories and 2,806 square feet and was constructed in ...
A lot of people ask me if it’s beneficial to do a cost segregation study on a single family home, the answer is yes! Determining exactly how beneficial is based on a multitude of factors, but a cost segregation stud...
Hello. About 2.5 weeks ago I purchased older home. The home is about 2850 sq with three bathrooms. The day after moving in one of the toliets overflowed. Through several different plumbers I have learned that my all s...
I'm getting my house apprised and taking out equity for a for a purchase of a duplex. And was wondering if there are closing costs? Also was wondering how quickly this process normally is of obtaining equity?
Hi Folks,We are in the process of finalizing our plans for a Spec home in Fort Lauderdale. Specifics are:- 4200 SQFT - 3 stories with a rooftop deck- Elevator- 5 Bedrooms- 5 Full baths, 2 Half baths- Requires 30 FT Pi...
Hello BP Community!
We're looking at acquiring a small mobile home community (~70 pads). The roads are currently gravel and I'd like to model in some capex for paving the roads once acquired. Is anyone able to share ...
Found a 110k property, with estimated closing costs of 11k. Is this too much? What should I look for when getting this estimate?