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Another thing I thought I would mention in regards to cost segs is they generally increase the amount of tangible personal property, which is really anything but real property and intangible property.The definition of...
I'm hoping to buy a 30 year old slump block house to live in a few years, then sell. Assuming it has been taken reasonable care of the last 30 years, what should I expect to have to upgrade as far as major components?...
I am considering building a rooftop deck/rooftop terrace on the rear side of an upper level addition. Does anyone have any actual data on the return on this component (previous appraisals, paired sales analysis, comp...
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Good afternoon, I had an appointment today with a motivated seller but we were way off on the price. The house is almost 2800 sq ft and is listed with the city and on the MLS as being a 4 bed/1.5 bath house. After mee...
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I'm trying to determine if it would be better to sell and collect this equity on one of my properties or keep it and continue reaping the nice cash flow it produces. Here's the situation.Home has a mortgage of 27 yea...
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If a Cost Segregation Study had not been performed on this $883,000 apartment complex located in Vista, California purchased in 2021, it would have had first year depreciation of approximately $32,700. Thanks to t...
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I remember somewhere from BP there was a psychological strategy that by submitting two offers they'll want to pick one, even if it's lower than they would originally accept. Has anyone tried this?I would probably subm...
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If someone is a "real estate dealer" and can't report profit as short term gains from developing or flipping property, then wouldn't the best option be to buy and sell through an S-corp since they're a business?
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Hey guys, I'm starting to get my feet wet with investing. What do you think of this deal? Am I missing anything? I plan to owner occupy one side to start out, but numbers are assuming its fully rented..$225,0005% down
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Good morning all... I purchased a residential property for a long term corporate client in November 2017. The client asked for some remodel work to be done and expects to move in on March 1 2018. It's pretty signifi...