Afternoon BiggerPockets Tribe! I have a 38 unit mini-storage building under contract. It is a one 2800 sq ft building facility (built in 2004) on approx. 1 acre of land. With the opportunity to build more buildings an...

Looking for feedback positive or negative, and a slap in the face if necessary…

For clarification: when I refer to SDIRA I am talking about having the ability to invest in Notes, Real Estate etc… at my d...

I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...

So I'm going to lay out the situation the best I can and ask advice. First off, I'm in Alabama. Myself and a partner went in as partners on a flip deal, where he bought the house and we split the costs of rehabbing. I...

There is a catch of course, but that is normal when dealing with the IRS.  However if you have a long time Sec 8 rental, and you wouldn't mind to sell at ZERO Cap Rate this is your lucky day!!Read the details on this ...

Hi,I recently bought a Duplex as a primary residence, I plan to live on one side and rent out the other side.Now I have another plan that i want to sell the Duplex. Since the duplex was under a primary residence loan,...

Investors seeking to optimize their assets, defer taxes on large capital gains, and secure their financial future often explore various trust structures to achieve their objectives. Two popular options that have gaine...

I think this is a basic question about how depreciation works in a 1031 exchange and I think the easiest way to ask is through an example:I buy house A for $200k, over the course of 5 years depreciate $50k of it, and ...

When you go to sell your rental property, typically how much do you lose to capital gains taxes? For instance I have a rental property we purchased in 2008 for about $60,000 after rehab and fast forwarding several yea...

Hi all,

I am currently listing my home for sale (lived in it for 18 months) with my realtor and plan to net approximately 61K after closing costs etc. I want to take a portion (or all of it), and put 20% down...