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...
My grandparents died back in 2012, a few years before that they refinanced their home (brought originally in 1982) into a 28% refinancing loan. When my grandparents died in 2012, they owed $40k on the loan. Today, the...
Good afternoon, This is purely a tax question on what is essentially the sale of dirt after splitting a lot (though of course not that technically). I have a standard Seattle lot, 5950 sq. ft. The house is old, less t...
Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...
I was wondering how is it that you figure the square footage of a home? Isnt it figured by the livable space (each floor if applicable) and not just by the houses footprint?
Hi All! If u find someone that is selling their multi-family or single family using seller finance, what kind of contract do you use?
How do I calculate numbers while house hacking? The Cash flow on the calculator obviously says i am negative cash flow. So how do i know if its a good deal?
Hi everyone, I am interested in tax planning strategy to lower my W2 tax liability and create investment opportunity through the use of creative tax strategy. Can someone offer me some suggestions?We can work with the...
We are looking at a property in Denver zoned U-SU-C (allows for single family home only) but has been operated as a triplex for many decades, and shows up as "RESIDENTIAL-DUPLEX" in the property type on the assessor w...
Hello, I was wondering if there was an easy app for flippers to showcase their before & after pictures for future lenders. I thought a simple website might do but my site building skills aren’t so good. So even ...