Is the property tax based on purchase price? For instance, if property tax is 1% and an apartment sells for $10MM, would the tax be $100K per year?
I'm asking this because hypothetically, if the previous owner purch...
Hello BP, I'm looking to build a spec home on a piece of land I own in a relatively affluent Bay Area neighborhood. I'm negotiating with a prospective partner who is an experienced developer/RE Agent in the area. ...
I transitioned from flipping to new construction basically at the beginning of the pandemic. The 3 biggest differences in land/construction deals vs flipping are:
1. Time - Unentitled land takes 2.5- 3 years to go fu...
A self-storage facility I bought a few months back has a large billboard with a market rate of about $400-500/month, but the prior owner signed a contract that provided an easement to Lynd for a period of 10 years, st...
Long story short, I have a water front piece of land in NW Cape Coral that I have been trying to sell for nearly a year without success. Being an out of state owner, I don't know the dynamics of the market. Have thi...
Just curious if anyone here has any experience with investing in conservation easements as a tax shelter? I'm considering using one, and I understand the concept and the risks, but am curious if anyone has first-han...
In the case of a multifamily construction loan, is the land portion of the LTC based strictly on the purchase price (even if multiple years prior), or is it be based on the current market value of the land?In a nutshe...
Hi All,
Newbie here. I purchased my home in 2019 however put it as a rental only in 2021. From 2019 county records, land is 86% of the total value of the property which is not realistic. I do have a home appraisal...
So my question/discussion is concerning Tax incremental financing (TIF), this seems to be a big pot of money in many areas. It seems many of the districts around the country start TIFs because there is a need to spur ...
I'm trying to find out what my depreciation amount is. I just finished reading "Every Landlord's tax deduction guide." I am brand new to land lording and this will be my first time doing taxes with rental income. I b...