I have begun the search to find a mobile home park for an upcoming 1031 exchange however i am finding it difficult to land on a fair offer price. 
My question is how do I o about placing value on each asset: Land, la...

Looking for some advice on how I should treat this situation when I file my taxes this year.I bought a piece of property a few years ago and replatted it and split it into 2 (not equal amounts). Lot A, the main lot, w...

I'm getting a cost segregation done on my cabin in the smokies. I'm filing out the information and I'm unsure of a question.In terms of non depreciable land value in the area, is a dollar amount or percentage allocati...

Hello. Just curious if some of the more savvy investors in here have ever written a contract based on the above principal.  The buyers were looking to keep taxes down by buying my sellers 11 Unit for 640k but only a p...

I am the owner of 126.39 acres with two (2) homes that I am privately selling. Ten years ago when I  built the second home, I subdivided out 5.63 acres from the original 126.39 acres to put with this home. Partly to ...

Hello all! I'm Tom Kidd and live in SW Ohio. I'm an attorney, more of a litigator than a transactional guy, but interested in becoming more of the latter as I get old and want to stop fighting with all those young t...

I am new to real estate investing.  My wife and I have overhauled our personal budget to reflect the 'pay yourself first' approach (allocate in order: income comes in -> invest -> donate -> fixed expenses -&g...

I am working on getting quotes from a CPA for preparing K1s for a small partnership deal with less than 10 investors. 3 GPs and 7 LPs. I have been quoted $2500 by a local CPA, but some people have told me that seems h...

I am in escrow on a commercial building for a value-add deal I am developing and will get an acquisition fee from the LP I am partnering with.  How is this acquisition fee classified tax-wise?  Is it ordinary income? ...

Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year.  My CPA has never done tax on MHP before.I did a search ...