Investment Info:
Single-family residence buy & hold investment.
Purchase price: $625,000
Cash invested: $80,000
Beautiful Single Family home bought at the downturn of the market late 2022. Bough...
How long can PALs be carried forward? My research has led to the answers: Indefinitely...10 years... and 20 years... which one of these three is the correct answer?
Our newly forming development group is looking for a structure that allows the partners in the sponsorship entity to take the lions share of the accelerated depreciation, in spite of having 10% or less of equity in th...
Example. I bought a property for 100k and sold it for $500k so, I have $400k profit.I 1031 the property above property and buy 2 properties one for $400k and one for $100k. a year later sell the $100k property for ...
I'm absolutely brand new to real estate investing. I'm wanting to invest in flipping and building a portfolio of multi-family rentals. I am also looking into investing in hard money lenders. I am currently openin...
I have a property that has appreciated a lot. I would like to sell the property and buy multiple properties via 1031 exchange. Does anyone have any experience using this method? Thanks!
My wife and I currently live in a single family home. We rent the bottom floor with a full kitchen, bathroom and two bedrooms while we live on the upper floor. The ultimatums are paid by us.What types of claims can w...
Are you looking into getting a cost segregation study on your property and wondering what benefits the study may provide and how much it will cost? Ensuring that you provide all of the applicable information to the co...
In need of help from a CPA or accountant that is familiar with the state of RI. I am about to 1031 exchange an investment property for another but I did live in this property 1 out of the last 5 years. Was wondering i...
When doing the brrrr method can you write off your rehab cost on your taxes