We own a SFH long-term rental property in Nevada that was placed into service in 2023. We have run a cost seg study on the property and qualify for 80% bonus depreciation. In 2023 we also had a major repair take place...
I'm looking to buy homes in the suburbs of Detroit and then rent them out. I know that some Detroit suburbs are not very safe. Are there better areas or certain zip codes I should focus on? I also need a very good p...
I just finished 11 years in the US Army and am now moving on to a career in real estate. Moving to the Jacksonville, FL area within the next month after taking my exam and will also be starting a business renovating a...
i am new at this i found a home asking 980000 apprasil 1300000 alot of money should i try to find invester and assing or thats alot of profit if you can resell it but i cant afford to hold the house and make payments...
After just going through my 2013 taxes and now looking ahead to 2014 I have a question about repair vs improvement in the eyes of the IRS. At what point does a repair become an improvement?
I know that if yo...
Been watching a property in Norristown for a while that has solid numbers. Trying to schedule a tour but curious if anyone has experience renting in this area and what it's like? The house has been on the market for a...
Just getting started and I'm trying to figure out how to run the finances and accounting for rentals that I plan to buy.
Do you run the expense portion as a total fund or more like a line item budget? Take maintenanc...
I purchased a rental using a cc 0% for 12 months it's a low purchase price. So would you take your own money and try to pay it off in the 12 months? Or get a mortgage, so I can focus on the next deal? If you need more...
We are talking about relocating to a new state, and have been weighing our options where our rental properties are concerned.One option we've tossed around is to sell one of our rentals up here in advance, use the pro...
Just finishing up David Greene's excellent book on BRRRR, and the whole idea is to refinance after the rehab when your appraisal will be a lot higher (and hopefully you can pull out all of your cash or more). However...