Account Closed
Cost Segregation Study
I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
Ashton Ferrazzo
Depreciation = 0 Taxes (Conceivably)??
Hello folks!Can someone tell me if I am thinking of depreciation and write-offs in the correct manner for rental properties? I was trying to envision a scenario where someone could potentially have (close to) $0 tax l...
Nick Akey
Should I include income tax when comparing rental properties?
I want to calculate the potential monthly income that I would receive from buying and renting properties.Example: If the income is $250 a month - should I reduce that number according to my income tax rate?OR is it st...
Greg DuPan
Selling flip in Ohio advice needed
Hi all, this is my first post, been reading tons on BP. I have a couple rentals and decided to do a flip this year. Its just finishing up (next couple weeks) and one of my tenants approached me about purchasing the ...
Jo Amick
Depreciation and IRS taxes on Sub-to/Lease Purchase?
Here's the deal: I am buying no money down, taking over payments on a sfr from an out of state seller and transferring deed to my LLC. I have a lease option buyer, so I am making about $200/mo spread between mortgage ...
Javier Rosales
Assistance for due diligence
Hey guys, does any one have a recommendation for a title company in Bakersfield and an escrow company. And what to look for in their services and questions to ask?
Jordan Johnson
Question: Hard money then refinance
I had a plan to buy my first investment property using a hard money loan, rehabbing, then refinancing with a conventional loan based off the ARV. I mentioned this to my realitor and she said that isn't really possible...
Roger Best
Our first Real Estate deal...
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $134,000,000
Cash invested: $4,000,000
Sale price: $259,900
3105 SF Craftsman Style home built in 1930. Two st...
Jorge Abreu
Educating Active Investors and Partnership Opportunities
As my real estate investment experience progressed, I couldn't help but notice a thirst for knowledge among potential investors. They were like sponges, ready to drink up every bit of knowledge about the real estate m...
Scott Robinson
Federal Income Tax %
What % should I be setting aside for Federal Taxes on a flip that takes 4-5 weeks? This would be our first rehab and we may do one or two more this year. Does that fall into the "investment" category with a lower ta...