Do we have CPAs familiar with K-1 forms and TurboTax? I got a final K-1 from one of my investments (it sold in 2018) and don't know how to figure out my basis and sales price from the information provided on that and ...
Hey BP community after skimming through the forums I noticed a common thread, net operating income (NOI) is frequently confused with net cash flow (NCF), so let's clear it up! Since we are in the Multi-family (MF) fo...
We are looking at a place in our farm that's appealing, but the neighbors aren't great. They aren't terrible (war zone or horders), but certainly not nice either (one neighbor has an old car sitting in the front yard)...
My husband and I currently have a house in MN that has been rented out for 2 years and is taken care of by a good property management company. We intend to keep this house as a rental.
We moved to PA 2 years ago and ...
Hi everyone,I am about to become an investor renting out the condo I currently live in (Columbia/Ellicott City, MD area) and purchasing another house for my family. The condo was purchased in 2006 at it's highest ever...
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,...
I am looking to purchase commercial property. I am unsure as exactly how to determine the value of the property. If I am taking the income approach to find the properties value (which I believe based off research is t...
Hello to all, I was looking at a property that was in a bad fire; the exterior is still intact. I was in this home as a kid and recall it being 4 BR and 1 BA. The neighbors have very similar homes with about 1800 SQ ...
Hello AllI have been wholesaling for a bit now and have been very active in the community here but I just received a lead on 4.5 acres of commercial property zoned C-1 and C-2. now I dont trust the "Zestamate" on zil...
I listed a apartment for rent about a week ago and thought about possibly accepting Section 8 for the apartment. I had a few questions for the veteran Section 8 landlords on BP. They are:1) I assume FMR's include all ...