Charles Baker
Cost segregation - SFR acquired in 2021 followed by full reno
Scenario: We acquired an SFR in the Southern California mountains in 2021. Over the past 15 months we've been doing major renovations. Work is basically complete. First STR guest has booked for the last week of 2022...
Daniel Sisto
Lowes, Home Depot Sales Tax Exemption on Materials
Whats up BP???Looking to see if any house flippers have tried to file for sales tax exemption through there business at Lowes , Home Depot or any other big box store?While I was in Lowes the other day one of the empl...
Dave Toelkes
How Depreciation is Recaptured
Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
Arnold Brown
The Real Estate Guru's Automated Business System
Hello,In my city, there are Real Estate Investing Gurus who hold seminars. They primarily teach how to do deals and take advantage of tax breaks. But something that I have observed is, because of these Real Estate Gur...
Charlotte Dunford
Buying a self storage and mobile home hybrid park
Hi all. Do you typically stay away from hybrid parks? I've been looking at a self storage and mobile home hybrid park. Not sure how to exit when I sell. I was thinking maybe I can sell off the self storage first, and ...
Corey Dutton
How is Redfin Different from Trulia and Zillow?
While all 3 these sites are essentially real estate search engines, Redfin differs from its competitors Trulia and Zillow. Redfin adds the real estate sales component to the mix and combines real estate search with re...
Chris Farinella
The Book on Estimating Rehab Costs by J Scott
About to start the second edition edited in, I believe, 2018. Does anyone have any thoughts on whether or not the content has become obsolete or remains relevant? I’m currently reading, listening, and learning and pla...
Clinton Davis
To Sell or Not to Sell. That is the question.
I'm trying to determine if it would be better to sell and collect this equity on one of my properties or keep it and continue reaping the nice cash flow it produces. Here's the situation.Home has a mortgage of 27 yea...
Josh Kroll
MACRS Depreciation for Manufactured Homes not anchored to land
I would greatly appreciate if someone could let me know the correct # of MACRS depreciation years that a manufactured home not anchored to land (e.g. sitting on leased land). Specific links or references to IRS public...
Daniel Vasquez
Any resources to find buyers, investors, or operators for a Care Facility
The short of it is that I'm in contract to purchase a 15 bedroom assisted living property in SE PDX with 7,500 sq ft including a finished basement on about .75 acres. It certainly needs some updates but as far as I ca...