I am looking at an 18 unit complex. It consists of two buildings that each have 9 units in them. The buildings have an upper level with units and a lower level with units. There are 12 units that consist of 1 bed/1 ba...
Hello! There is a company in my area that will install solar panels with no up-front cost, and simply take the difference in your electric bill as payment until they’re paid off. I own a few apartment buildings that d...
I apologize in advance if this has been discussed recently. Here goes...Yesterday, I went to view a 4-unit property for under 116k. Two units rent for $190/week and the other two units rent for $180/week. The owner p...
Does anyone use rules of thumb for estimating expenses per unit for multi-family property? I have recently been told:Owner paid utilities: 4K-4.5K DoorTenant paid utilities: 3K - 3.5K DoorDo any owners have actuals...
what should i consider as an expense while doing a deal?
Hi Everyone,I am currently under attorney review on my first property in Northern New Jersey. The purchase price is 270k, it's a 3 bedroom, two-unit property. with 2 bedrooms up and 1 down. Property taxes are 4,800 an...
Looking for some insight, and I realize this may be a bit complicated for this forum, but as I am not a tax professional it may be an easy answer as well. Some basics…
My wife and I own a property with 3 STR on the ...
Anybody recommend a good tax attorney-tax planner in the Houston area?
The quarterly taxes from my main business are killing me. I have a very helpfull CPA. He is helpfull about adding up how much I owe.
Cost segregation has been a major player in tax strategies for real estate owners by reclassifying assets that have a shorter useful life and can be depreciated over 5, 7, and 15 years from the nonresidential or resid...