Kenny Mercado
Newbie 1031 question
Hi. I’m in the middle of my first real estate investment which is a new construction build of a one family home. From what I understand, I can sell the property and reinvest the proceeds into a new property without pa...
Robert Chen
Bought a 4 unit but tax record shows 5 units, what to do?
Hi everyone. I recently purchased a property in Providence and it was listed as a 4 unit and the building really does have only 4 units in it. However in the tax record this is listed as a 5 unit. The deal was made as...
Christopher Perez
How Real Estate Affects the Bottom Line for Small Businesses
Perhaps the most striking feature about the money made by homeowners from their house was how little of it was intentional. For many, their mortgage payment was simply a substitute for their monthly rent payment. But ...
Paul B.
Why is depreciation 1/27.5?
Can anyone who has owned a property for a long period of time confirm that the money they spend over 27.5 years is approximately the original cost of the structure? Is this supposed to be maintenance, or are capital e...
Jordan Gerkin
Can I Get 3 Separate Mortgages for 3 (technically separate) Four Unit Buildings
Hi Everyone, I hope this is the correct form to post this on. I have maybe an interesting situation/thought. I currently have 3 four-unit buildings under one loan. That is the way I bought them because they were all f...
Austin Snyder
I bought my first piece of land in a tax auction, how to develop?r
Hello all,I have previous experience with real estate, but first timer with both raw land and tax auctions in Texas and I'm realizing now just how little I know when it comes to land. I'm hoping I can get some tips or...
Account Closed
Middletown CT, fight a 40 percent tax increase 2023
Hi all,I have a single family home I purchased in June 2021 for 200k.Aside from cleaning up the yard, painting, and new water heater there have been no improvements.I recently got a letter that my taxes are going up a...
Julio Gonzalez
Cost Segregation Study on RV & Boat Storage building
If a Cost Segregation Study had not been performed on this $3,000,000 RV & Boat Storage Building located in Fort Pierce, Florida that was purchased in 2020, it would have had first year depreciation of appro...
Raj Saxena
Sale of Rental Office Building- Depreciation Recapture&Cap Gains
Sale of Rental Office Building -want to eyeball these calculations -We are retired now, & our annual taxable income is 50k from the rental building & another 75 k from Investment Portfolio (Dividends + Cap gai...
Nathan Christensen
Newbie question, please help
I have seen many examples of 'cash flow analysis' Rental Income minus expenses, mortgage payments, and expected vacancy rate (let me know if I'm leaving something out). However I would believe that the rental income i...