I purchased a home about 5 years ago for $365,000 and today the home is worth $650,000. I'm buying another home and renting out this one. Will my depreciation be based on the purchase price or what it is worth now?

I am looking into doing a 1031 exchange on a property I have in the norfolk/plainville/wrentham area of MA.     
I have got pre-approval on loan and have spoken to a qualified intermediatory and all is in order.  
M...

I received a certified letter for verification of Allowable expenses by tax sale purchaser from Jefferson County AL. I bought a tax lien property earlier this year from someone who purchased a house at an auction. I'v...

Good morning all... I purchased a residential property for a long term corporate client in November 2017.  The client asked for some remodel work to be done and expects to move in on March 1 2018.  It's pretty signifi...

I hope I will not be hated on for this question. I have been an investor in stock markets for the last 7 years. In the last 5 years, an index fund for S&P500 has yielded 75% returns (15% yearly on average?). The s...

Hey Fellas and Ladies,

I'm working on an article about lease options and I'm not the pro at these, so I'm wondering:

If you do a lease option on a property, and the furnace goes out, there is...

Please chime in if you have done this.. Short term rental with cost seg study/ accelerated depreciation to offset W2 income. Say you're doing this on a 4 unit that appraised for about a million. And you do a cost s...

Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment. 

Hello all,I’m a BRRR investor thats purchasing small mf properties.  I find distressed properties with good bones, rehab them for top rents.My challenge is the valuation of the property is still performed as a small m...

Investment Info:

Other buy & hold investment.

Awesome little mountain getaway! This property came with a furnished cabin, solar, water, and an extra steel shed to convert into an additional bunkhouse. In...