I am wanting to find out if anyone has any knowledge what can happen if you have a tax certificate in your name only and are going through a divorce. I am in Alabama. I have asked attorneys and they dont really seem t...
Hi folks, First year with a rental under my belt. I'm in Englewood, CO (Arapahoe county) and bought a condo for 164K. It was occupied by a tenant during 2018 and I'd like to leverage the depreciation tax benefit. It's...
In evaluating deals through with rent estimator in tools, if doing multi-family property and the amount is 1500. Is this divided by amount of units or is this amount for each unit.
Im taking my real estate classes now and going over Cap rate right now and I really want to make sure I have a good grasp on how to figure Cap rates. I'm still a little confused about it. Do you use gross or net amoun...
Hey All,
I am currently managing a 4-plex for a friend which he just recently bought and inherited tenants. Being fed by a single meter, The previous owner had been charging flat rent and then having them Venmo her ...
I am low on capital so I am going to work on becoming really good at deal analysis. What do you all use to analyze short term rental deals? I have been using the short term shop calculator and it I like it but how do ...
He tells me the appraised amount of the structure (not including land, just the house) divided by 27.5 is NOT the depreciation method.He said the purchase price is my basis and that...Depreciable basis = basis * land...
Hi, guys and gals, alike. I am new to this industry with learning still my number one agenda before taken most actions. I have seriously been interested in this for a while now and still trying to gain as much knowled...
Hello! I've put together a portfolio KPI calculator for our properties and am now realizing that I'm unclear on the best definition of "return" to use in calculations for things like Return on Equity (ROE) and Return ...
Hi! How are you guys tracking your deprecation? Which software are you using? Or are most of you strictly relying on your CPA? Id like to track myself and be aware of my tax deductions.
Thanks in advance for your ...