Jacob Allweil
Curious on Splitting Water
I'm curious if anyone has experience splitting water in an apartment complex. I'm looking to get an 11 unit and currently the utilities run about 25k per year. I'm wondering how much it might be to split the water a...
Keith Meyer
1031 Exchange - Maintain Property in Same Entity
We performed a 1031 exchange last year into a multifamily property and are doing an agency cash-out refinance this year (woohoo real estate!). The replacement property we exchanged into is made up of multiple parcels,...
Bethany A Harvey
Resources on Structuring Partnerships
Looking for resources on how to structure a partnership? I am going in with a partner on a multifamily property. What agreements need to be written and should we form the LLC before or after finding the deal?
Lindsey Leemis
1031 Exchange Sale Price Percentage - Primary/Rental -> Rental
Good evening! Looking for some 1031 Exchange experts! :)I have a primary residence that is deemed - 80% rental and 20% primary on my taxes. I am renting out majority of the house. I was chatting with a 1031 Exchange c...
Mary Gallardo
Costs associated with rehabbing a flip - tax
How does your tax accountant report rehab costs on your tax return? As ordinary expense as incurred or defer the costs until the house is sold?
Erin Helle
Short Term Rental in the Panhandle
Investment Info:
Condo buy & hold investment.
Purchase price: $360,000
Cash invested: $36,000
Sale price: $525,000
We owned this for just over a year. It served as a short term rental and vac...
Robert Campbell
How do you figure cap ex on condo doors?
When running my numbers, I’d typically figure in 10% for capital expenditures, maybe more. (Because I just shelled out $3,000 to have a tree taken down and $10,000 more on carpet and painting.) With a condo, the roof...
Kristine Hernandez
Multifamily Land Feasibility Study
I hear about the "napkin sketch" financial evaluation for land for a potential multifamily deal. What is the quick way to figure if the land will pencil for a MF deal?
Jay McAllister
Small multifamily advice
Hey biggerpockets. Seasoned single family home investor here for about a decade with a decent number of single family rentals. I am considering jumping into small multi family. Have a couple potential deals on the hoo...
Julio Gonzalez
Incentives for Cost Segregation Studies
Did you know that the tax code offers many incentives for real estate property owners that have a cost segregation study performed, thus allocating costs to 1245 property?
A Cost Segregation study is an IRS approved ...