Stacey Schwartz
Depreciation value for rental in owner occupied 2 family
I'm new to this. Bought 1st home as a 2 family fixer upper last year. Taxes are in progress but I am stumped on factoring depreciation value on the rental property. How is the depreciated value calculated for an owner...
Solomon Rosenberg
Tax on passive re investments
Can someone clarify, As an LP in a mf syndication where can one save on taxes and what can I expect to pay?Here is an example, If I invested 100k into a mf syndication, Property sells in year 3 with a profit of 100k,I...
Marcus Mathews
Primary Residence Exclusion + 1031 Combo?
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...
Hadar Orkibi
Chattel Valuation When Buying Investment 4-Plex
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...
Sattir Bitti
After 10 door am I over invested in real estate?
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...
Ayne C.
Cap ex and repair reserves on a duplex
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...
Adam Byrne
MultiMember LLC, taxed as Partnership question
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...
Dee Jesse
Primary Residence: Portion Used as Rental Questions
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...
Jason Bilbrey
Can I “sell” excess bonus depreciation?
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...
Ferny Espinoza
Bonus depreciation against with passive rental capital gain
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),...