If a Cost Segregation Study had not been performed on this $1,200,000 warehouse located in Orange, California that was purchased in 2018, it would have had first year depreciation of approximately $10,225. Thanks to...
I am looking to purchase a self-storage facility that was constructed in 2005. It consists of a mix of 5x10, 10x10, and 10x20 units. All are presently leased via an electronic "kiosk" style system, which also handle...
I am trying to get a handle on the new taxes codes in regards to expensing versus capitalizing and depreciating. I have heard that the new laws basically state that "replacing" something such as a roof, AC unit, etc i...
Hi guys,Can you please help me out?I am in a 30% tax bracket (not sure if this is important)I was thinking of selling 2 rentals.1) Rental 1. Bought in 2009 for 25K, now its 100K2) Rental 2.Bought in 2021 for 145K, no...
I can't find much discussion of this, which makes me suspect I haven't actually stumbled onto some magical tax loophole. But what discussion I can find seems to indicate it applies to some real estate activities. Hopi...
Hi BP Community, I'm not too familiar with Cost Segregation and was hoping to get a little input from someone who is... I inherited a quadruplex in 2018 and assumed the mortgage which was right around $500k. I had an ...
hello all, i have located a home but have found out it has the Chinese drywall issue. i am a complete newbie and haven't even done my first deal let alone one with this issue. the house is marketed at 29 per sq ft hom...
I started my real estate investment journey last year and now have 6 units (single family & duplex). I’m using a property management company at this point so I am not tracking tenants. I recently obtained my real ...
Value Add real estate acquisitions are properties that require improvements which will enhance their value and ultimately increase its cash flow. Certain real estate investors target these properties to earn higher r...
When it comes to financing investment real estate, a major component is lender options and my best suggestion is research and education.
I entered the mortgage business in 2004, and almost twenty years to the month,...