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Under contract to purchase a rental property and having second thoughts. The property in question was listed as 2 separate listings, one for a single family house and the other for a 2 unit investment property. The o...
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If a Cost Segregation Study had not been performed on this $840,000 restaurant located in Irving, Texas, it would have had first year depreciation of approximately $21,500. Thanks to the Cost Segregation Study, the ...
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If a Cost Segregation Study had not been performed on this $2,300,000 apartment complex located in Stanton, California, it would have had first year depreciation of approximately $85,100. Thanks to the Cost Segregat...
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If a Cost Segregation Study had not been performed on this $7,700,000 office and retail building located in Spring, Texas, that was purchased in 2018, it would have had first year depreciation of approximately $197,...
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The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income. An additional benef...
So a few months ago I bought a triplex and currently have a mortgage on it and what I am contemplating is that, is it a good idea to buy another multifamily property and have another mortgage? Or should I pay off my e...
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If you had the opportunity to finance more than you spent on a property - at a fixed rate for 15 years - would you do it? Or would you dial it down to improve cash flow?
On the property that we just finished,...
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I am needing some advice on buying tax liens against a property. I know all about the perks of purchasing them but I am unaware of all the risks that come with it. Could somebody lay out the risks and what to know wit...
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I met someone today who was venting about the probate process. She went through it a few years ago when her mom passed away, and has to do something every 3 years to "maintain it". What does "maintaining" mean? Just t...
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I use a 12+ month lease, but I've seen so many people suggest only using a month-to-month lease. What does the process look like to 'evict' a tenant who receives a proper notice of non-renewal and stays after the end ...