Looking for opinions.........2/1 SFH in Missouri. Bought for $33,500, B/C neighborhood. We have rentals in this same area so expecting $750-800 rent. Taxes, insurance $1000 together for the year. Nicely fenced in ...
Hey Everyone,I'm in the process of finding an accountant who specializes in real estate investing. What would be some questions you would ask to see if they are great fit for your company?Thanks,Nick
Called my CPA and they mentioned that aside from tax write offs we can do a cost segregation study on one of my properties. What does this mean?
I just watched the webinar last night and I've been struggling figure out real numbers for cap ex and rehab cost. So so far I have done five Brrrr's and the rehab cost have not been between 18k and 25k do most the wor...
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...
I have read it is a good idea to have a cost segregation done I have found a few companies but what should I be looking for in a cost seg firm?
I'm a buyer that was very excited to purchase a home. Long story short, and $100k+ worth of undisclosed issues later after inspection, I had to walk away as there was no way I could pay for all of it out of pocket. At...
I closed on my first pure rental property, a two-family home, back in June and unexpectedly had both tenants move out by the end of July. So with some remodeling to do and needing new tenants I decided to hire a prope...
Are haircuts tax deductible for certain businesses? Also, how would Trump carry back real estate losses after the 08 crash? Wouldn't the real estate carry back losses have to offset other capital gains but not ordinar...
I just had a new 3 story porch installed on a 4-unit residential building for $18k. This included the cost of demolition / disposal of the old one and construction / materials of the new one.1. Can I expense the cost...