Uri E.
Cost segregation for the purpose of expediting depreciation (SFR)
Hello,
I buy, hold and rent out single family residences. Each new acquisition I then depreciate using a standard straight depreciation - total cost of land improvements. I recently learned that I could expedite some...
Tam Nguyen
3011 Lockwood Rental
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $95,000
Cash invested: $120,000
SFR 3-2-2 in Carrollton with full rehab, rent and refi
What made you inter...
Mary Hasnon
LLC
What is the benefit of putting the wholesale deal in LLC, and selling the LLC to the buyer?
Jack Zhuang
Is 5% interest on seller financing a decent rate?
The seller is offering 20% down, 5% interest rate, 25 years amortization, ballon payment due on 7 or 10 years (negotiable), and due on sale.Asking price $750k. Location: SoCal. Property type: commercialConsidering the...
Bruce Gardner
1099 Contractor Question for Newbie
Are the costs of a 1099 contractor fully tax-deductible in the process of doing business on rentals, BRRRR, or flips?More specifically, I'm looking at entering into an agreement with a contractor where their fee will ...
Christopher Raiz
Hard Money Lenders | Before or After?
So when you're deciding on a house and are about to make an offer, when going through hard money lenders can you get money beforehand like a pre-approval or do you have to have a deal ready? The reason I'm asking is t...
Filiberto Cortes
Investing with Partners
Investing with partners, personally I wouldn't due . I did a partnership that turned a nightmare at the end, I walk away with almost nothing ,and he kept the business, but if you would do a partnership you have to pa...
Dan V.
Take over or start over?
I will be partnering with another investor to buy a mobile home park. We initially talked about forming a new joint venture LLC to acquire the property but he's proposing to buy or take over the company that owns the ...
Mike C.
How To Prevent Adverse Possession Claim
We bought a SFR on .6 acre. From the previous owner we obtained a plat that is quite detailed but does not seem to have been recorded as when I went to the county records office there was no plat found recorded for ou...
Ed B.
QUESTION FOR APPRAISERS-REFI VS. PURCHASE APPRAISALS
I'm curious to know if appraisers tend to appraise properties differently depending on whether it's for a purchase mortgage or for refinancing an existing debt. I would think the appraised value should not differ, but...