Hello, my name is Rayjunior nunez. Currently, I’m building up my savings as well as my work 401k. I’m probably one to two years away from Real Estate investing but I’m interested on working with a tax accountant from ...
So I’ve been looking into how LLCs get taxed. I also learned how corporations get taxed recently. I was wondering if any of you rolled your LLC into a Corp to reduce the taxes you pay? I’m curious how this would fit i...
The tax records of my rental condo shows 0 for assessed land value and the assessed building value as the total assessed value. So far I was convinced that even a condo has some land value based on the shared common g...
I am doing my first build as owner builder and getting confused with that’s the best way to manage construction/sub-contractors like GC/builder.
I have registered an LLC and incorporated business with contractor lic...
I need advice on how to wrap up this deal. I located a mix use property in Queens NY, 2 one bedroom apartments on the top floor, store space on main level. The main floor was being used as a women's sorority. This pro...
For the past few years I have been lending my money on SFR fix and flips and getting a 12% cash on cash return. Recently I've been looking at the tax benefits, potential appreciation, and CAP rates on a multi family o...
I’m under contract for a commercial building in a designated historical district. It’s also in an Opportunity Zone. I have some options on what to do with it, but one of the main mysteries is how the tax credits work ...
Hello BP Nation,I would like your thoughts on this please.I took a look at a 10 unit for the first time. It's a brick building built around 1920. It has been rehabbed some time ago has sheet rocked walls, breakers, ca...
I've just come under contract for a 12-unit apartment in Spokane, WA that was built in the 70's and remodeled in 2014. Purchase price was $720,000, and I intend to hold on to the property for >5 years. It is not pa...
Hello!I was researching how to calculate depreciation on my first duplex that I bought and I was browsing through the county assessor website and noticed that my land value is $250k and the improvement value is $28k. ...