Can anyone tell me if the assessment on each mobile home in the park on leased land is increased due to individual improvements etc, will this cause the assessment of the parks taxes(park owners) to increase?
This is a two part question1) If I hire a painter to paint an entire inside of my rental house for lets say for $3,000 would this be considered a repair expense (improvement) that needs to be depreciated or would it b...
I’m writing this short primer because I get development loan requests for projects on a daily basis from borrowers and other brokers who aren’t well versed on how lenders analyze A&D loan requests.I hope this help...
Hi everyone my is Carlos i am currently in Costa Mesa. I am planning on not resigning my lease and starting of my RE venture. I have done some research on ADUs and have come to conclusion that getting a house near a ...
Can this work for a 1031 exchange and how would this be taxed. This is an example below but easily could be done in the future of my business.
I️ sell my free and clear property for 100K, which is what it appraised f...
First time investor any little help will be much appreciated. strategy: Buy and Holdinvestment: Multi-Family(4 units)Price: $825,000Va Loan: 12.5% Down($103,125.) 30yr Fixed 4.0% interest rateRehab: $50,000 estimated ...
Good Afternoon Everyone,I'm looking to get started in flipping and looking for ways to finance. I found DOHARDMONY.COM does anyone have any experience with them? If so what did you think.
I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...
Hello all tax professionals on BP, I would like to reach out to the knowledge base to see if any of you have dealt with a similar situation as addressed below and how to properly handle it. Thank you in advance!Topics...
I'm constantly reading on BiggerPockets investors saying you need to buy rental property, break even, and hope for appreciation and/or lower rates in the future to cashflow. WRONG!!!
I'm here to tell you I'm still fi...