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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...
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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 ...
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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 &...
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Is it me or can you no longer search forums in Bigger Pockets? There are other issues but this bugs me the most.
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*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...
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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 ...
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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?
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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...
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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...