Patrick Philip
Am I missing something about the math behind investing?
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...
Aakash Shah
Commercial Building Negotiations
I am a partner in a medical group where a single owner owns the building. We are trying to negotiate for me to buy into the building. The owner is only willing to allow me to buy 49 percent of the building but with de...
Victor Yang
Taking a small loss to save on taxes?
Hello all,I am looking to buy an apartment building. Right now, the best offers around me are for some 1.3-4 million, that only generated around 100k per year gross, so there would be a high chance of not cash flowing...
Rich Hupper
Tax increment financing
Hi I am trying to learn more about tax increment financing.1) What is it2) Who can apply for it3) What types of properties can benefit from the strategy4) Does it replace financing through a bankPlease share your exp...
Robert Plumpe
Thoughts on a commercial office building?
Hey all:Just wanted to get some ideas feedback on a building I'm looking at...It is an office building that is single story/brick. It is solidly built, in pretty good mechanical condition, but it is a bit dated and w...
John Matthew Johnston
Quick 1031 Exchange question
Doing first 1031 Exchange from property to property. My question is once I sell my new property will I have to pay double capital gains taxes( like for both properties) or just on the new property. Assuming of coarse ...
Ryan Daulton
BRRRR vs. new development
I live in an increasingly expensive market. What are the advantages of doing a BRRRR on an existing property vs. buying the land and building a new house from the ground up? For example, are there more tax deduction...
Sean Peters
What would you do: Make $400K on a flip, or $2500/month cash flow
I'm Wondering what people might do in this situation. I was able to find a multi-family property in a good market that has potential to be converted into condos, or held as a solid income property.If I decide to sell...
John Barry
Pros and Cons or building condos for sale vs Rentals
My father owns a piece of property that currently has a triple decker on it. Years ago he started (then paused, now actively pursuing again) tearing down existing building and building a 21 unit building on it.
Loo...
Paolo F.
Information on depreciation
Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...