In January I will be legally documented as the new owner of my dad's business. My sister has one property that is under her name which she no longer wants to manage or continue owning. I was wondering if we could use...
Hello Fellow Investors, I am new to Mobile-home investing. I was wondering.... what is the best way to determine ARV of a mobile home? All responses are greatly appreciated.
When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.
Reclassificat...
Hi all. Has anyone every done a lot split on a property with a conventional Fannie/Freddie mortgage on it and gotten the lender to sign off on it? I've done this with a commercial loan and it wasn't hard. But I don't...
I'm trying to help a friend defer capital gains tax in Michigan.He is selling a business and the real estate to a single buyer, however the property is owned separately under an LLC, which will remain in the Sellers o...
Hello, I'm looking to develop 7 acres that I have (Free and Clear) into a self storage facility (Mainly Parking, not much Real Property). Would I be able to use my Single Family LTR as collateral in a DSCR loan for co...
so i just finished reading "the book on REAL PROPERTY INVESTING" the book was amazing and it brought me here. and i'm just looking to expand my knowledge on real estate so if anyone wants to give me some advise on how...
Hi,My rental property's roof is 20+ years old. Last year, a heavy rain and storm damaged it and I had to replace the entire roof which costed me $21K. I understand that a roof repairs can be deducted as expense in t...
Hey Everyone
I’m looking at a four unit that has yet to be built. It’s zoned with septic, but the structures haven’t been started. I wouldn’t be building it myself, but rather locking in an offer with a preapproval a...
My wife will be the only one applying for a mortgage. But since she just sent $70,000 to the current mortgage, she lacks the down (seasoned) money for a new mortgage for a home we stumbled across.I know gifting 70,000...