Adolphus Fletcher
Personal Vs Business HELOC
I'm going to preface this by saying I tend to think outside of the box unnecessarily. In this particular case, I have a property I'd like to get a HELOC on to then buy another property. I am wondering however if I sho...
Andre M.
Portland (Oregon) ADU taxes
I am considering buying a property for my primary residence and then building an ADU. However I read this recently http://www.pamplinmedia.com/pt/9-news/277861-15334...Does anyone have any experiences with taxes going...
Cary Westerbeck
Build 3 townhomes, keep 1 for primary residence
Hi there, newbie here with a question I haven't found in my searches on BP. I'm an architect, developer, and general contractor. I own a small lot free and clear in the downtown of our small city just outside Seattle,...
Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...
Hector Estrada
What to look for in a Multi-family investment? Chicago
Hello Everyone - Long time investor, first time post! I've worked residential for the past 10 years (buy & hold and fix and flip) and ready to take the plunge into multi-family investing. I'm looking at 5-7 unit...
Daniel Thomas
what about Section 121 is so special?
I'm trying to understand what the big deal is? As I understand it, you save capital gains on $250k for single, $500k for married when you sell the house you lived in so long as you lived in 2 of the previous 5 years....
Javier P.
Estimating depreciation basis cost
Hello everybody,I have read a lot of the old postings related to estimating the cost basis for depreciation of a rental property; however, I am not clear yet on how to answer the following question:In 2013 I bought a ...
Mindy Jensen
Opportunity Zone Improvements: Retail Value or My Cost?
Opportunity Zone Experts. When I invest in an OZ, I must make improvements equal to the building's value. Does the government consider retail value improvements or do I have to provide receipts for dollars spent? I ca...
John Hopf
Tax implications on Spec Home
I am new to BP, and have spent hours combing thorough the forums... it is remarkable how giving and generous so many of you are, thank you.With that being said, I am looking to build my first spec home. I have learn...
Matt Dines
Tax basis help on $3M California residence inherited b/w trusts!
Hi Forum,I have a complicated tax situation and am looking for general guidance or a referral to a real estate accountant in California who can help answer.Facts:The property is a California residence appraised at $3M...