I want to rent out my primary property that I bought. This was a complete remodel that has significant value added. What value is used for depreciation? Is it the ARV value or?
Investment Info:
Large multi-family (5+ units) commercial investment investment in Detroit.
Purchase price: $1,645,000
Cash invested: $475,000
Our firm acquired this property with significant deferre...
Hello everyone, are there any Canadian investors here? I currently oversee five rental properties with the assistance of a small team. I have significant equity, which I won't fully disclose, but I'm keen to network w...
I'm sending a LOI out next week for an underperforming 36 unit multifamily in the SE. Seller has it significantly overpriced, but the listing agent has given some indication that he understands the property's issues ...
Hey All, Did some research in the forums but could not find an exact answer to this one, hoping someone out there can help: What are the tax implications for the seller who owns a SFR outright and seller finances? ...
In my opinion, house hacking is one of the most powerful strategies in RE. There are countless benefits, but there are typically also significant sacrifices. I have successfully house hacked 2 student rentals in Reno,...
A Closer Look to Broward Single Family Homes
Closed Sales: In June 2024, Broward County witnessed 1,138 closed sales of single-family homes, reflecting a 9.4% drop from 1,256 sales in June 2023. This dip is just a pa...
Hello all! First time poster but long time reader.
Me and my partner are interested in Stockton for MF investments. We have never invested in this market before and wanted to get some local knowledge and advice!
...
Hello, 24 years old, BS in Biology and MS in Viticulture/Enology, Soil and Crop Scientist. First time I've had significant savings and looking at investing out of state. Can use all the help/guidance I can get! Thanks
I was reading an old BP article posted by Jeff Brown regarding the use of excess depreciation and how it could be used in replacement of 1031 exchanges: http://www.biggerpockets.com/renewsblog/2010/01/05/150k-year-exc...