Somewhat confused here, how can a property appreciate, yet one can claim depreciation for tax purposes. I heard Depreciation is a bigger factor for higher end property just how big is factor would it be for say a 350...
I am in early stages of looking at this off market deal. 24 unit apartment building. Sellers is asking 1million and provided the numbers below.
Below the income numbers they ran some numbers for financing at the fu...
The development of new infrastructure is crucial in shaping our communities and powering our economy. Infrastructure can include things such as bridges, roads, utilities, ports, etc. and are what help people connect w...
I'm looking at purchasing a 16 unit apartment which is on the national registry of historic buildings. It needs a substantial amount of rehab and I'm curious if people have had success using the 20% credit from the Fe...
I went To meet a Investor Buyer at One Of My Wholesale Properties Today and Saw This Vacant House....
Wrote Down The Address, Did Some Property Research and "HOLY COW" LQQK at The Back Taxes....I Never Saw Taxes This ...
I have a commercial property that is deeded commercial and it runs under a LLC. It’s 3 floors. The first floor is rented to a retail store, the second is rented to a residential tenant, the 3rd floor is temporally uno...
I read the below posting regarding 1031 but have a twist on the question of which I'm hoping someone has an idea. NOTE: I will be asking my attorney and accountant but was hoping for additional information here.http...
I was just reading a news story about a large real estate firm that bought a building for $154,000,000 and that the building has a NOI of $10,100,000. So cap rate of 6.6%.I know that this firm most always buys with fi...
I own a commercial building, one story, typical Chicago lot (60639), and I pay the crazy taxes (17K year) for it. I'm new to this RE world, but in doing research, I noticed many of the buildings like mine, with resid...
We currently own two nice duplexes, they have been totally redone and are set to make money. we never intended to sell them, so have accumulated a lot of write offs against them since we started in 2019. this year w...