Ray Martinez
Small Business Sale to Investment Property
Selling small business corporation and would like to 1031 exchange for rental property. Is this possible?
Fabiola F.
My CPA & I are in a debate about how to categorize reno expenses
This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
JoAnna Gallastegui
Our first property April 2022
Investment Info:
Single-family residence buy & hold investment in Alexander.
Purchase price: $102,000
Cash invested: $25,000
Our first property! SFH in Akron, OH
What made you interested...
Mark Woodling
Turnkey Provider Standards
BP real estate investors, what are you looking for as a standard for turnkey homes for passive investment? You want specific standards, such as no less than 5 years left for a roof life, 3 years of HVAC left, etc. L...
Lindsey Johnson
Creative STR finance solution?
Hey BP family,I have an interesting question for you all that I am hoping to get some clarity on.I am an agent and a new investor. I am moving across the country in a couple weeks due to some family issues. As we have...
Eric M.
New IRS Regs Target Real Estate Investors
FYI, I have no connection with the author of this and no knowledge of this subject. Just on their mailing list and thought I would pass this along.>>>>>>The headline says "real estate investors" but...
Jojo Banks
Earnest money held hostage - please help...
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...
Bienes Raices
Water heater -- depreciate, or treat as a repair?
I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...
Robin Olivaw
Terminology for describing the individual components of property
Hello,
Is there a common terminology established among the real estate professionals for describing the individual components of a real estate property – like entry, rooms, yard, attic, exterior structure, etc. How w...
Frank Chen
HVAC Depreciable Life
What is the depreciable life for a HVAC unit within a commercial building? Is it considered equipment depreciated for 7 years or qualified improvement property depreciated at 15 years? I'm not seeing a clear answer un...