A new investor in San Diego and I recently bought a triplex and did some renovations. Looking to get it appraised for a refinance but am looking for tips for the appraisal. I have redone the kitchens and roof but have...
This is a scenario that I have not run across before. These numbers are roughly based off of the auditor's website.
A commercial property has a higher land value (100k) than the depreciable improvement value (60k). ...
For 11 years, Ive been building and improving homes in the southern massachusettes region. Became licensed at the age of 18 years old and started my own business. It took a long and hard battle but enventually my gran...
I purchased a condo several years ago and pumped quite a bit of money into it to improve the property. I later moved out and rented the place out. It has been rented now for more than 3 years. So I can't qualify for...
I own 2 duplexes in a cul-de-sac of a total of 8 duplexes. After the purchase I found out from the city, that whoever built them, never finished subdividing the property completely. At this time there are 7 different ...
Quick question. if I buy an investment for $80k less then the property I sold, then put that difference back into the new property as improvements within 180 days would that be a different type of exchange? More diffi...
As a real estate broker here in South Florida, I have recently observed a noticeable trend in the real estate market: an uptick in what many are referring to as "Price Improvements" on property listings. While this te...
I have 2 tax questions:1) I added a encapsulated crawl space to my rental house: How do i depreciate this item (do I add it to the valve of the house (do i include just the equipment or can I also add the labor porti...
I own and operate a high-end full service remodeling company in the Phoenix metro area. I recently have purchased a four-plex and single family residential home to add to my RE portfolio. The challenge that I have i...
I am trying to understand how depreciation is calculated with respect to improvements. Please correct me if I am wrong, but my understanding is lets say I have a property I purchased at 200k. Lets say 50k is the value...