Hey everyone. I just wanted to see what sort of response I could get to this question as it's something that's confused me for a little while now. Thank you in advance for all of your responses! Sorry if I come across...
I am selling my two unit property here in Portland, which is a small 2/1 house along with a detached 1/1 ADU on the back of the lot. I have lived in the main house for well over two of the last five years, so that def...
Hi Team,I would appreciate some feedback on commissioning a Chattel Valuation in Little Rock Arkansas. My lender is getting the property appraised but it sound like this appraisal doesn't cover the value of the chatte...
At 55 years BP inspired me to get into real estate. Now I'm at 10 units in duplexes/fourplex( with a decent cash flow of 2K/month). Even though I have ~500K in 401k, I feel most of my investment is in real estate (pri...
I'm under contract on my first multi (yay!!) and I'm setting up my accounting. Is there a number you like to set aside as cash reserves for cap ex and repairs? Is there a number per property you like to leave in the...
Hi BP!I am a partner in a multi-member LLC, taxed as a partnership. Since I'm actively managing, I pay myself a management fee and 1099 myself at the end of the year. I like to show the income to season my tax returns...
If I want to continue to live in my primary residence AND now rent out a portion of it to a renter, am I able to do so? Would I have to inform the lender? Can I then treat my property as an investment/income propert...
I’m purchasing an office building for $5+m in 2022 with plans to do a cost segregation study to take advantage of 100% bonus depreciation. I won’t be able to use all the depreciation immediately and it’s my understand...
I have question regarding bonus depreciation related to one transaction and the sales proceeds of a different property. I will use simple numbers for this question, assume everything transacts in the same year (2022),...
Can you roll the sale of an SFR into Ag Land with a 1031? Where is the line drawn on like property to like property? Just trying to compile as many exit strategies as possible.