Anna Watkins
Atlanta neighborhood classification question
I'm looking for some benchmarks for figuring out how different areas in intown and near OP Atlanta are classified (A, B, C, D areas). I bought my personal residence 'across the tracks' in the City of Decatur 20 years...
Bilal Haider
Texas Vacant Land classification
i am looking at a vacant land in houston and on county appraisal record its classified as C3 ( rural vacant land).
& Land use code is 1000 ( Residential Vacant).
Does it mean that i can not build a house on this l...
Melanie Baldridge
What is MACRS classification?
In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”
Under MACRS, depreciable assets are assigned to different class...
Frank Cruz
How to classification my business
I have hit a small roadblock in my start up stage in making my house flipping business legit. I live in Virginia and it seems like how the business gets classified is a big deal, and depending on how we classify it we...
Andy Nathan
SFR Property Classification and Zoning
We have a property under contract in Chicago. The property is classified by the county as a residential property. We had a hard money lender reject the loan because the area is classified as C-1 (commercial). How do d...
Brigitte Garrett
IRS classification of Maintenance costs
Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...
Chris De La Loza
A/B/C Property Classifications
Are there guidelines for breaking properties up into A/B/C classifications? I hear a lot about finding a “C” property in a “B” class neighborhood and would like to learn more about this topic. Thank you in advance.
Justin Summers
Dealer vs INvestor IRS classification
I own a Real Estate C Corp that Flips properties. I also own a construction/ design company that gets paid from the C-corp through a 1099 each year when I do construction or design services for the C Corp.
Averagi...
Ryan Moore
Rentometer classification on building type
I'm playing around on rentometer and their search options are 'house/duplex' or 'condo/apartment'. I don't really know how to classify units I'm researching that are part of a 3-plex, 4-plex, etc. I know they are no...
Gordon D.
Area classifications (Class B, etc)
I'm new to BP and REI in general, but I've noticed several posts mentioning class B and D areas, etc. How are these measured?