Hello,I'm new to this community, and value the knowledge base here! My husband and I own 2 rental properties (1 has been rented for 10+ years, and the other for 1+ year). The newer property just isn't cash-flowing the...
Quick question here. When accounting depreciation on a property can you depreciate the appraised value of the home or only the equity invested. Thanks !
My CPA was discussing some ways to accelerate cashflow on my properties and mentioned bifurcated deduction/depreciation on some of the improvements (e.g., carpet, appliances, blinds). However, she mentioned that for t...
I'm considering buying a multi-family property (10 units) in a bad part of Miami (very low income, high crime). My realtor spoke to the rep for the seller and mentioned that some of the units are occupied by squatter...
Self storage after rehab target metrics (IRR, CoC, Equity Multiple, Cap Rate)?
Evaluating potential tenants who were upfront with us about their situation. One is the breadwinner but has terrible credit due to poor entrepreneurship decisions when younger, the other is a stay at home parent with ...
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...
I've had a lot of BP-ers reach out to me for Sedona short term rental data, so I thought it might be helpful to post info here.
Client average STR performance info:
16% cash on cash with less than $20k improvements ...
So we have a couple that wants to redo the deck in the house they are currently renting. They have mentioned the wanted to Purchase the house at one point. We gave them a price but never got back with us, so they are ...
Hi All -I have what I hope is a quick question for the tax professionals out there. The master bath in one of our rentals only has a jacuzzi tub, no shower head at all (weird, I know!). We're going to tear out the d...