Scenario:
I started buying condos beginning 2011. Each year I bought 1-2 properties which needed extensive work.
To build my rental portfolio and offset taxes, I used to buy properties that needed work that was equ...
Hi Everyone!My husband and I are just starting out in REI, and before we invest in our first buy and hold -- should we create an LLC? I'd appreciate any feedback!Thank you in advance :) Stephanie
Last week I was told to consider having my properties in a holding company. I'm not really familiar with this, I'm guessing it's having them under a corporation to limit liability and pay lower taxes? I have 4 propert...
Hey everyone,I am new to the real estate game and have been interested in investing over the past few months. I definitely would like to get to know what everyone thinks about our market and hoping to get started in t...
I have a house that we have had managed near Austin that we need to sell for personal reasons. I am trying to determine the best path forward for our market. I dont think the terms allow me to post a link but here a...
What is Cost Segregation?
A cost segregation study is a strategic tax planning tool that separates the assets that have a shorter useful life and can be depreciated over 5, 7 and 15 years from the residential rental ...
I've been investing in singular mobile homes now for about 3 months now. I've been running some numbers of existing park acquisitions and have had some interesting input from some of the people I've purchased homes fo...
Would it be wise to sell an asset and 1031 exchange once you've taken the bulk of the depreciation on it? For example, we purchased a portfolio of 142 units and about 20-30% of the purchase price was able to be taken ...
I'm looking into a property in Rochester, selling price 320000 and rent monthly meets the 1% rule, should i be looking for a better deal as the appreciation in rochester are anemic at best and the real estate taxes ar...
Hello all,I’m a native NYer and am looking to invest in single or multi to cash flow and hold. I have looked at Scranton pa as it is about 2 hrs away, which seems like a reasonable distance to remain comfortable. I’m ...