Josh F.
Expensing vs. Depreciating Assets Under New Tax Law
I am getting a bit confused about what capital improvement costs for my real estate portfolio can be immediately expensed vs need to be added to my basis and depreciated over time. I am further confused by the concep...
Nick Janovich
My head hurts from thinking about tax methods.
As my first year of real estate investing winds down I'm starting to think of pending tax preparations. I had a lot of questions, found a few answers, and am generally left with more questions. I purchased two propert...
Scott Hubay
Need a Cost Segregation in Cleveland
Question for everyone: I'm looking for an accountant/engineer who does cost segregation depreciation analyses in the Northeast, Ohio area. I just bought a duplex as an owner occupant, and I want to maximize my depreci...
Alexis Zion
How do I deduct, in this year, a Heating Systems for my 8 unit building
Hi AllMy Central Boiler in my 8 unit building died March 2014I had a central boiler and converted all the units to individual forced air units in each apartment (they now control their own heat and pay their own gas b...
Hadar Orkibi
Seller Finance Question: P&I Vs Principle Reduction Payments
** Seller Finance Question** HI Guys, Im working on possible deal and the seller is willing to finance 85% of the price. His reason is that he doesn't want to pay income Tax or depreciation recovery. (Sold a business ...
Monica Garguilo
Using mortgage pmt to determine cap rate
Hi - can somebody please explain why the mortgage expense is removed from the NOI when calculating the Cap rate? A mortgage pmt is a monthly expense, so if you account for it when you determine your NOI, why is it re...
Chris Farinella
The Book on Estimating Rehab Costs by J Scott
About to start the second edition edited in, I believe, 2018. Does anyone have any thoughts on whether or not the content has become obsolete or remains relevant? I’m currently reading, listening, and learning and pla...
George Paiva
Looking for sample Rehab Schedules
Hi Folks, I generally deal with MFH, but I have opportunities to do a few flips. Typically with MFH I take a more phased approach by focusing on structural elements of a property like Roof, Heating, Electrical, Pl...
Eddie Wright
New Investor
How do you go about estimating repairs, also how do you know how much to offer in a wholesale deal?
Jeff Brown, Jr
Help w/ Expenses and NOI
Hey everyone,Recently joined the community, but have been interested in Real Estate for awhile now. I was hoping to get some insight regarding expenses and NOI. I have read different things and some estimates vary g...