Hi all,I am looking at a property with fire damage. The price is awesome and the area is a B class neighborhood, but it has extensive fire damage on the first floor ( it is a 2 family). No interior access is allowed...
Hey Everyone,I'm in the process of finding an accountant who specializes in real estate investing. What would be some questions you would ask to see if they are great fit for your company?Thanks,Nick
2 Big Reasons Why I Think You Should Give Yourself a COVID19 Stimulus Package with Cost SegTreasury Secretary Steven Mnuchin extended the Federal Tax Deadline by three months. Which means you now have until July 15th ...
Closed on first unit. 35k purchase price, looking between 15-20k in repairs, and looking to BRRRR property. It looks to cashflow $450, so there is wiggle room to add more if it helps long term tenancy. As the home sit...
I've read several iterations of 'How to Calculate NOI' here on Bigger Pockets and most all indicate we should not include capital improvements or additions, principal and interest, amortization loan points, income tax...
Is it reasonable to expect a 7% cash-on-cash return in these markets? Looking at an investment of $1.2M so a smaller building.
HiIn selling a rental property I know anything that was being depreciated is subject to recapture.My question is, if I spent $7k in 2019 on flooring that is depreciated over the years of 2020-2023, and I sell in 2024,...
Hi,I'm new to investing in notes and found a note on FCIexchange and was trying to understand why the payment amount differs from what I calculated the monthly payment should be using the PMT equation. Based on the or...
Hi all, I am interesting in purchasing a property for rent in south east Florida, mainly Hallandale, Hollywood and South Beach. I have notice quite a tremendous amount of properties listed for rent on zillow and th...
Called my CPA and they mentioned that aside from tax write offs we can do a cost segregation study on one of my properties. What does this mean?