This has been asked before, but I want to ask the question with a bit of a spin. 1-What is your favorite improvement you like to make to your properties to increase rent you can collect? (Made up example: I like to in...
Hello BP!I know I should seek the advice of a competent CPA or Tax attorney, but I wanted to get some opinions of others prior. I understand you aren't giving tax or legal advice, so the disclaimer is out there.I hav...
The evolution of my passive investing strategy has changed over the past few years. As my education and confidence grew in the space, my strategy adjusted as well. In the following article, I will walk through some ...
If I put $20k into rehab is that entire amount deductible? Also, will it, along with depreciation, offset penalty for cashing out 401k?
My 401k wasn't a lot so my 10% penalty is only a few thousand.
Thanks
Investment Info:
Large multi-family (5+ units) buy & hold investment in El Paso.
Purchase price: $1,656,000
Sale price: $2,450,000
Contributors:
Vince Gethings
This was a 48 unit ...
Introduction
Brief overview of the increasing role of data centers in the digital age.Introduction to the concept of artificial intelligence (AI) and its growing influence on data center designs.
The Driving Force B...
We are new real estate investors. We received a letter from the city regarding a home we purchased. They want us to tell them (1) what we did to improve the home, (2) how much we have spent, and (3) how much we purch...
Oftentimes people get confused whether they should capitalize a purchase or expense it. Hopefully this helps clarify things a bit!
A capital expenditure is money spent by a business or organization on acquiring or ma...
Hey BP -If I invest money into the rental units I have my ROI will increase to 9% and my cash on cash return will decrease to 24%. If I leave the rental units "as-is", I will get a 7% ROI with 50% cash on cash return...
Good day everyone! How would you consider structuring this deal?The narrative...We currently have a successfully operating retail based business. Recently, rather than continue to lease properties we operate our busin...