Simon May
New York City - Brooklyn - Midwood - Condo
Hello All,I have a condo unit in the Midwood area of Brooklyn, New York. I did not list this on the public market yet. The building is newly developed and still has tax abatement for 10+ years. My tenant has moved out...
Tom Kaz
Evaluating a 4plex before placing an offer..
Just got back from looking at a 4plex in a suburb of Chicago (nice neighborhood). Building is completely tenant occupied with 3-2bedrooms and 1-1bedroom, unit comes with new boiler, water tank and new coin operated wa...
Mitchell Maginnis
Is it possible to use the STR loophole to offset w-2 income if managing out of state?
Hi!I am an optometrist and am finishing up building a new build STR out of state. I will have a cleaning team do the day-to-day turnovers and will be using Guesty to assist in helping manage the property myself. I hav...
Marc Possoff
How to Find Legal Lot Size to Build
Hi I’m currently completely renovating a house in the Grays Ferry section of Philadelphia which is going good. I also own a vacant lot not too far from the house which I inherited. It’s supposed to be 14x51 / 714 sq f...
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...
Bernard Reisz
Cost Segregation Studies and Reports
Your input is valuable: How do you want your Cost Seg study prepared?For context, let's cover some Cost Segregation fundamentals, and explain the interaction between Land Value and Cost Segregation:Cost Segregation is...
Kate K.
Is land should be valued at 10% or 25% for a rental property?
Our Tax Accountant from Block Advisors moved on with his career and we had to find a new CPA/Tax Accountant. We found one that's seem to be experienced and knowledgeable. He is also a Real Estate Attorney. His advice ...
Jennifer McDuffie
Question on tax deed
First of all thanks in advance for any replies. I'll try do be as clear and thorough as I can with my question. To give a little info.... a woman won some property in a judgement and received a fee simple title. This...
N/A N/A
Cost Segregation???
Hello, I recently bought a small store just outside of LA, and my accountant was telling me if I wanted to save some money on my income taxes for next tax season, I should consider a Cost Segregation Study. He told me...