Zachary P.
San Francisco condo conversion tax implications
I bought the building for 1.1 million and hoping to sell the smaller unit for around 700k. If I do what are the tax implications of this?Since it is less than the total cost of the building will the proceeds not be ta...
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 ...
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...
Diego Campos
Improvement % / Improvement Value
Please correct me if I am wrong. I understand that the improvement % / Improvement Value is what the building is worth. Would this mean that the construction of the building would cost about that much or most likely l...
James Bartlett
Title in my name, but owner still pays insurance and taxes?
Currently working on a selling financing deal. Primarily, I manage STR’s for other owners. One of the buildings I manage, the owner and I are figuring out terms. I want insurance, taxes, and utilities to stay in the ...
Chuck Masters
Orlando / Disney Vacation Rental management rates
Looked at a vacation rental home today off 192 near Clermont. House priced to sell but the current management company is charging a 15% fee along with a $265 monthly fee for pool and pest control. This works out to be...
Mark Grozen-Smith
Property Value Breakdown - Land v Building
Hey BiggerPocketsers (ya we really need a term for this community 😂)My teammates in insurance/accounting and my CPA are frequently asking me how much each property in our portfolio is worth with a breakdown of land vs...
Jessica Yoo
Building vs Land Value for Cost Segregation
Hello investors, we are about to complete a cost segregation on our property and they're asking for the land vs building value of our property. I know one source is the property tax bill, but the land value is alarmin...
Rafael Trinidad
Do i pay long term Capital gains or short term
If i buy land and start building 12 months after i perchase the land and sell land with new property for a profit do i pay long term capital gains or short term ?
Nicholas Miller
How much should I offer?
The owner of 14,000 sq ft commercial structure asked me to make him an offer. the owner didnt want to buy the building but it was part of a business buyout and now after 5 years of high property taxes, high utilities...