Dear all!,Does electric fireplace replacement count for repair or improvement?The real question is can I deduct the expense at once or must I depreciate it from tax perspective?Thank you-Alik
Hello BP Community, How do you identify the best local Multi family Real Estate Brokers for any given metro area ? Thank you
Hey guys, I had just purchased a 3- family rental property in April of this last year (2017) it was already occupied so I inherited 2/3 tenants. I just filled the last unit in December due to the fact I wanted to remo...
Hi Team,I'm about to sell or do a 1031 on a home and I can't get a straight answer on what I'll be left with afterwards. I definitely don't want to be blindsided come tax season. I owe 200k and will be selling for 3...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $1,199,000
Cash invested: $300,000
Premium, central Atlanta location in a modernized Duplex as a House Hack....
Hi everyone,I'm looking for a reliable way or method to find Multifamily(50+ units), shopping centers and possible triple net and mobile home park(100+ pads) properties for sale before they can be listed on the MLS or...
Hi All,I'm just curious how you folks would run a cash on cash analysis on a home that you've been living in but now want to turn into a rental. What would you consider to be your "investment" into this property?Purch...
Are there any big tax benefits to using the BRRRR Strategy? Are any of the expenses accumulated while fixing up the house tax-deductible?
Does anybody know the correct way to calculate this ratio? I have seen two ways on the internet.House Value $200K and monthly Rent is $900 - This is an example1. Monthly rent 900/ 200,000 = 0.005 Ideal valuation measu...
I am trying to figure out how my accountant has accounted for expenses associated to my non-rental long term homes.
Say at year end I have 5 homes n inventory and sold one house I had held for over 1 year
Furthermo...