Hi,
Is there a rule of thumb for operating expense ratio for retail (non NNN) properties? What if the owner is only responsible for roof and structure? Is there an "average" estimated vacancy loss that you use to e...
I have recently bought an really old house and my husband who is contractor has been working on the house.We are planning to live in and sell after 2 years.I wonder if any expenses can be written off. Any comments or...
So I'm interested to get some feedback and guidance on an delicate issue I have right now. I put a property under contract and it so happened to be one that was vacant for 3 yrs and the sellers were still moving pers...
I have my portfolio setup in a fairly complex, but prudent way. I have a main LLC, which is a c-Corp. It controls the financial reserves, expenses and payroll. Each property is in it's own LLC owned by the main LLC...
I'm planning to partner with my son when he turns his current house into a rental. We'll be 50/50 partners. If he has 50k in equity, how do I legally get 25k to him to cover half the equity and not trigger a gift ta...
Good evening! I'm attempting to try and get a quick and dirty estimate to install an HVAC into a home described above. I'm using the BP calculator and went to ensure I've got a reasonable estimate on my costs. I'll...
When selling a primary residence that conforms to the rules of the home sale tax exclusion, does simple subdivision work?
The home is on a small acreage, say 3 acres. Owner completes a simple sub-division into thre...
Hi! I just purchased my first multi family home (3 family, each unit has 3 bedrooms). I moved into one unit, the second unit is staying from the previous landlord, and the third unit is vacant. I’ve posted the third u...
I'm probably out of luck here, but I'll ask anyway. On October 4, 2017, I sold $75,000 of stock ($11,500 capital gains) to invest in two local properties. When the Tax Cuts and Jobs Act identified Qualified Opportun...
I'm in VA. By March of next year I will have lived in my home for one year. Is it possible for me to use a 1031 to buy commercial real estate in NC? - My ideal property has already been identified- The asset is alread...