I talked to my CPA today and found out she wont file the correct amount of depreciation on my tax returns unless I show her all the receipts to corroborate. I own 6 properties and all of them have capital improvements...
Hello, all. I am looking at my first deal and it is a multi family opportunity. I'd like your feedback on this deal. I am new to investing and have limited knowledge of construction and rehabs.A key question I have...
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Denton.
Purchase price: $298,000
Cash invested: $16,000
Fourplex house hacking. Purchased with an FHA 203(k). Purchase p...
Now that I got your attention, I have a question.
Currently I am trying to determine the value of a property and have come across some problems. The particular property has a barn, chicken coop, and horse stall that...
Hello Everyone,
In October of 2021 I bought my first triplex aiming towards doing the BRRRR Method. It was a Triplex that cost $317,000 in Cincinnati, Ohio more specifically the EastWalnut Hills area. When I purchase...
I have a tenant that is asking for new windows in a rental condo I have in Dallas, Texas. Right now I have 2 single pane windows and two sliding doors that are also single pane. I have asked for one quote so far and t...
So I just met with my accountant and according to him I made $11,000. in income off 2 properties full year and 1 for 3 months of 2016. After interest, taxes, insurance and depreciation, I am still showing $6,000. I ...
I'm interested in a duplex in my area, but there is no central air system installed in the home, and the heat is baseboard electric. My initial reaction is to be concerned that window A/C units may not be satisfactory...
Summary:
SFR off market rehab
Purchase: $200,000
Rehab: $75,000
Holding: $25,000
Sale: $330,000
First rehab project purchased May 2020, sold Oct 2020. The home is a 2/1 on 950sf in the Arden Manor neighborhood...
Again I am here to seek the advise of the forums! Much thanks in advance!
I've already made an offer on a triplex in my area that listed for $269K. It's a 3/2 main house with garage and two 1/1's under one ro...