Melanie Baldridge
Bonus depreciation ?
Bonus depreciation is just a special part of the US tax code.
It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.
At the time of this writing, ...
Chris Gallick
How much $ can I expect after claiming renovations?
Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...
Dennis M.
Disabled tenants in the hood
How many of you investors that invest in c and d areas are blown away by how many folks in the area are on disability ? I guess I always knew there was a lot of people in these are with Mental issues and that fraud w...
Danny Grey
Oregon is about to act statewide rent control - thoughts?
https://www.oregonlive.com/politics/2019/02/oregon...So the Oregon Senate just passed a bill to make Oregon the first U.S. state to have rent control everywhere in the state and NOT allow cities/jurisdictions to opt o...
Greg Bohn
Public Property Records
I was looking through the public property records for an area that I'm looking to invest in, and when I was looking through the page it said that the "2018 Total Value/Taxable", was $79,000. Is this the appraised valu...
Nsisong Ekanem
Homeowner Assessment and other fees
Hi All,
If you win a tax lien at an auction, (2019) do you pay the monthly assessments if the property is a condominium? 2). Do you pay ALL the taxes that are delinquent?
3). If the property is foreclosure, does the...
Ryan Agustin
Tax Question: Selling Apartment Complex
Hi All,I have a property in the Columbus, Georgia under a LLC. If I'm looking at $150K gross profit after the sale, how much of it will go to paying taxes?
Vanessa Osorio
Duplex tax deduction. FHA or conv loan, won’t be living there??
I’ll have a conventional or FHA loan, but I won’t be living there, the lender knows but “not the government “. How the tax deductions will be? Thank you!!
Dave Stinnett
Gut Rehab
Im trying to get an idea of how much it would be to do a gut rehab on a 700sq ft bungalow style house(2bd 1ba). There was a small kitchen fire so theres that damage and water damage of course, structure and foundatio...
Mikey Kay
This is what I am looking to do...Need feedback
I want to start a buying group, where I go out and find the deals and I get people to put up the money. We rent it out and I have the same or equal amount of ownership of the person who puts up the money. I would take...