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...
I am just completing a short plat subdivision on a rental that I owned. The land had existing home that has been rented. My plan is to build new homes on the new lots possibly for rental but in future sale as well.i a...
How do you calculate cost basis when the property is a condo? From what I've been reading about depreciation, cost basis does not include the land. Is it just most of the time close to the purchase price? I paid $255,...
Hi, my first BP question here.Im looking at a property in the property appraiser website of my county and its showing this property as having $0 land value. The property is a 2nd floor apartment and is part of a condo...
Hi,
I'm currently looking at my tax assessor's database and I'm trying to fiqure out if the taxes are owned or its just the realy taxes. I've provided an outline below. Anyone have any ideas ?
Tax Information
Gross...
We bought our new house before selling the old building. We used to live in that building for more than 10 years. How many years do we have to sell the old building to avoid capital gain? I remember we should have thr...
We're doing some planning for next year to reduce taxes and I was hoping some of our more astute investors could give me some ideas about generating large depreciation expenses to reduce passive income. The following...
Real estate investing can be very complex and while there are many things for investors to keep track of and pay attention to, make sure you aren’t overlooking these 5 tax incentives! You could be missing out on tax c...
I am new to real estate investing and bought many books on how to buy, fix, rent, or flip them. I haven't made any deals yet. I was also considering mortgage lending as a career.My question is ....which is more profit...
Who does what and what are the pros and cons?