I would like to find out a more specific definition / classification of what exactly constitutes a multi-family dwelling.
The terms dup-lex, trip-lex, quad-plex, 5-unit +, apartments, etc. seem to wear many different...
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...
Hi, looking to claim the real estate professional for tax benefits. I have a variety of qualifying activities on a part time basis that will qualify me, but am thinking of adding LSA (loan signing agent) to the mix. ...
How exactly is a neighborhood classified as an A/B/C/D-class neighborhood? What are the criteria? Who decides?Same question for residential properties. What criteria determine if the property is an A/B/C/D class pr...
i am looking at a vacant land in houston and on county appraisal record its classified as C3 ( rural vacant land).
& Land use code is 1000 ( Residential Vacant).
Does it mean that i can not build a house on this l...
I'm looking for some benchmarks for figuring out how different areas in intown and near OP Atlanta are classified (A, B, C, D areas). I bought my personal residence 'across the tracks' in the City of Decatur 20 years...
In US tax law, the depreciable lifespan of an asset is defined by its MACRS classification which stands for “Modified Accelerated Cost Recovery System.”
Under MACRS, depreciable assets are assigned to different class...
I own 3 rental properties in Memphis and have been renting them out since I got them. However, last year I tried to sell them at 25% below market value and still only got offers for less than the loan amount. I ende...
That was really my biggest challange when getting started investing in real estate. i didn't read a lot of the post in the wholesale catagory, but i have not seen one taht address this. When i got started it seemed li...
Hello everyone, I'm from Michigan and I'm learning lease options. I've read Wendy Patton's Sandwich Lease Options book and I've seen multiple videos on YouTube including Chris Goff, Joe McCall, etc. But, having never ...