Erika Muller
Underwriter problem w/ multiple SFH under 1 tax Id act.
i am looking at a paid off property consisting of 2 lots with 2 separate SFH under 1 tax id act. Each house has individual utilities, driveway & mailbox. Underwriter is looking for proof that property taxes are p...
Jonathan Long
Help setting up first Commercial Deal w/ seller financing
Can anyone tell me what is a good cap rate for a commercial building in Lakewood, OH? I would also like to know the fair market value for rent per square foot in the area. I’m new to commercial property investing, a...
Mike Enzwiler
NC Commercial RE sale - tax question - how much will I owe?
I am looking to sell my commercial warehouse here in NC. I have owned it for 19 years but have refinanced it a couple of times over that period. So, being that the amount of depreciation I take or have taken effects...
Yong Park
Any advice on starting an LLC in Nevada?
Hello (again),I would like to purchase a commercial building in Las Vegas. The building has been identified. Now the next step is to create an business entity to purchase the building. It appears that Nevada has fa...
Julio Gonzalez
Are You Still Depreciating Non-Existent Assets?
The IRS previously viewed buildings as a single unit of property (UOP). However, the new regulations under IRS Code 1.168(i)-8 allow you as the property owner to utilize a cost segregation study to dispose of smaller ...
Eric Bilderback
1031 exchange into a partnership
Can an individual 1031 from the sale of a building into another building with a partner? I don't see why not but my client thought adding a partner to his next transaction would ruin his 1031 status.Thanks for the he...
David Sisson
When is a free building too expensive?
I have an opportunity to get a large (8,000 SF) commercial building for free. This building is historic, and would come with restrictions. It's also in very rough condition, with an estimate of $1M plus in order to ge...
Bette Hochberger
Maximizing Your Tax Benefits as a Real Estate Investor
Hey investors! Let's talk about leveraging tax strategies to optimize your real estate investments. From deductions for mortgage interest to depreciation benefits, there are numerous ways to minimize your tax liabilit...
Rich Hupper
Looking for historic grant money
HelloI recently purchased a historic building and I am trying to find grant money to rehabilitate the historic components of the project. I have already been granted some money from the community preservation committe...
Steven Torok
Tax implications of reinvesting 100% of profits
Hi all! I would like to understand what general tax benefits exist if 100% of rental profits are reinvested into new properties.I own, through a LLC, a few rentals which are fully paid for, and am in the position to ...