Carpet is depreciated over 5 years and new hardwood floors are permanently affixed to the property so it should be depreciated over 27 1/2 years.  What about laminate or engineered wood flooring?  Looking online it is...

I am just looking for clarity on this matter.  If I have a bunch of depreciation in my holding company, can that be used to off set capital gains tax on my flips?

Hi All,

I've spent the past couple of weeks reading through most of the site and I feel like I've gotten to know many of you pretty well. You can't say the same about me, though, so I think it's time I introduce mys...

From DIY $0 to a full-time staff hire, how much do you spend on tax advisors and tax prep and why? It’s our first year in business and lost at what I should spend and what I’m going to get in return.

Hi Guys,

Here's the situation. We're first time homebuyers looking for foreclosure homes in CT. It's real pricey here because of the proximity to NYC.

We have a real estate agent that specializes in short sales/for...

One year ago, after both my parents passed away, I inherited their house with two ADUs. Unfortunately, my father did not pull permits when he built both properties 18 years ago. I never paid much attention to it becau...

What would you expect to pay to side an 862 sf ranch with vinyl, including soffit, facia, & wrapping all windows?

Hey Guys

Just introducing myself!

My real name is Joseph. I'm a complete newbie, still gathering information on REI.

I first got interested in Real Estate when I listened to Carleton Sheets. Never...

I recently left a job of 18 years and have an existing 401K. I am considering/wanting to take these funds out/use them for real estate purposes and have recently came across a company/recommended by my attorney/that s...

Hello everyone. I been doing some research here in Southern California and I finally started putting the pieces together. So I was able to acquire a recent list of preforeclosure homes around my area and I'm trying t...