I would like to know what you think about the real estate market as a globalized and interconnected medium.
Hi guys, how can you properly value apartment complexes when it seems like so many people calculate their cap rates differently? Do you include debt? Cap ex? Maintenance? Or just a straight annual gross to purchase pr...
Hey all, we have a short term rental in Florida, we live in MN. It is currently owned under our personal name & we wanted to setup an LLC to transfer the ownership into this. I'm comfortable with the whole LLC, b...
I am part of a joint ownership structure on a large multi family property, several of the owners have used 1031 funds to join our project and we are wanting to roll that project into 1 LLC, with all of the original ow...
Hello community!I have been working in this neighborhood for a while fixing up the historic homes and noticed another one of the houses needing work. After stopping by to see and knocking on the door, no answer to get...
I was looking for a post on this topic but couldn't find one. I was informed recently by a real estate CPA that in order to depreciate (as a tax write-off) with turnkey properties that you need to demonstrate material...
I've searched this forum and googled and checked irs.gov, and still fail to understand this requirement about ownership. Everyone seems to ask questions about the residence requirement which I get. You have to live th...
Greetings,The title of holder of this property I identified has been deceased for 20+ years, left no heirs, literally all family is deceased. Her longtime neighbor was power of attorney who paid the taxes, and has col...
I have a real estate partnership with a family member. In late 2015, we purchase a duplex together. I put up the cash and he has done all repair and maintenance work. We are trying to determine fair value of our respe...
How do i properly assesss my personal finances to accurately determine the ceiling on the deals that i can afford?