Hello,I'm new to the forum and this is my first post. I live in the STL area and I am selling a quad plex where I previously lived in one unit. Details are below, but my question is could anyone recommend a CPA to hel...
So when a GP in a syndication gets paid how are they taxed if the payment is:
a fee (acquisition, refinance, etc)CF splitAlso, does the GP get to benefit from depreciation in either of those? Thanks in advance!
How do you determine whether s particular city and area has demand for section 8 rental? Some cities have very little list for section 8 rent Does this implies the cities have little demand? Tks
I have saved around 200K and have been doing some research on what would give me my best ROI on my money. Some things that I have thought of would be allocating them to ETF's or IRA's or something like that. I have al...
Hi all, I own a duplex in Queens and our family both live and rent the property. My family is planning to move out of the neighborhood and rent out the entire building.
I'm unsure whether the house will become an ...
Hey All, Over the last couple of years I purchased a few rental properties in the Cleveland area. Things were going good at first however now it seems like the issues just won’t stop. There’s constantly repairs being ...
We are located in Texas. We purchased a multi-family property consisting of 24 units, all duplexes about 3 years ago. We have paid the monthly water bill since then, but want to transition to having the tenants pay th...
Hi,
I wil be the potenital funding/money partner for 50% of profits on a flip.
I've asked for the other partners to assume 50% of the loss if the deal goes south and to write this into the JV. They said...
My name is David, I'm 28 years old, working as an independent contractor. I currently earn about $7,000 per month, working 50-55 hours a week at $34/hour. I'm also in school to advance in my field, which could increas...
Hello,We have a general question about recording for tax purposes HVAC replacement in a single-family rental property.
For the scenario below - is there an option to deduct the expense (fully/partially)?
Scenario:
...