I lease a retail space. First year. I put about 20k into remodeling the space this past year. What's the best way to account for that expense on taxes? It's commecial, and I don't own the space, just the biz...
First let me be sure I understand what it is.
Capitalization Rate = Yearly Income/Total Value
Now right here I already have a problem. I would expect "Total Value" to be what it cost me, but apparently ...
Is it me or can you no longer search forums in Bigger Pockets? There are other issues but this bugs me the most.
Hello BP!I'm looking for visual reference material that would provide an at-a-glance display of at least the essential puzzle pieces to a real estate transaction specifically concerning the entities/parties involved &...
*Summary at the bottomAlright, guys, so I'm looking at my first quad. I have a partner that is family and we currently own six mobile homes and rent them out. The mobile homes all rented and bringing in ~$2,000 a mo...
Hi guys, I am new to all this and am analyzing deals just for experience purposes. The following is not for an offer but just for me to learn. I found this property listed for foreclosure at $148,000 but it appears th...
Hello everyone, I am new to the BiggerPockets Community and very excited to be here.Fairly New on my Real Estate journey, and have invested in a few courses and taking it one step at a time.As I continue to learn and ...
What’s a good credit score to start shopping around for lenders? I understand the better the credit the less interest rates are, but what’s considered good or reasonable?
I have been using MySmartMove.com through Postlets.com for most of my tenant screening. About 20% of the time potential tenants become frustrated because they cannot seem to submit their application completely yet...
I purchased a SFH in Cleveland, Ohio and I’m having trouble renting it out. It’s a 3 bed, 1 bath renting for $1100 in a C/B- neighborhood.It could use some updating, but otherwise rentable. However, my property manage...