Hi all! I have a question about a P&L and a trailing 12 for an apartment building. I currently have a personal loan that I used for a down payment on an apartment building. The apartment building is in an LLC and ...
my understanding from BP is that a TK property is rent ready with all major systems functional for several years. Thus roof w long life remaining (i.e. 10yrs min), hvac, plumbing and electric all new or much life rema...
I use the component depreciation method for my rental properties. So it may be a good idea or it may be a bad idea, but I'm comfortable with it. So this post is not for those who oppose this method.My question is when...
Hi,I'm am located in an expensive real-estate market (Los Angeles) so my options for buy-and-hold SFRs or MFRs are slim-pickings. As a result, I have to consider buying and renting out a condo. My question is, what ar...
Morning BP!
Sorry for the duplicate post- I wasn't sure if this category or "HUD, VA, and Tax Sales" was the correct category...
Does anyone have any advice regarding doing your own title searches? I've been spendi...
What is the first and foremost thing I’d want to study when analyzing whether I have a good deal or not on a commercial apartment building of 5+ units?
Hi BP community - I'm looking to purchase a triplex or fourplex in the Houston area and would love to get feedback on the expenses that I'm estimating (too high, too low, any that I'm missing, etc.). Thank you in adva...
I live in Illinois in lake county and I want to buy property were I'm at. (Currently renting). But then I thought about it and wondered what keeps people buying rental property in Illinois when we have the second high...
I need a new roof on one of my commercial investment properties. Can I expense the roof or do I need to depreciate it? My CPA says I have to depreciate it over 39 years but another CPA told me I can expense it.
Hello Bigger Pockets community I am a new investor planning on buying my first rental property . I did a rental analysis on the property using the analysis calculator on Bigger Pockets and I wanted to get a some feedb...