Michael Michaels
Starting Apartment Investing, Looking For Ideas/Tips (with numbers)
IntroHello, Everyone. I'll let you in on my business plan. I'm a motivated beginner, ready to get started, and have big ideas. The reason I included numbers in this is because I haven't found very many threads/website...
Brian Nel
What due diligence in determining cost basis for depreciation
In reviewing my taxes for the upcoming year, I've been looking more closely at my Schedule E and reading more about depreciation and cost basis. I know that your cost basis needs to be accurate, a number the IRS agree...
Timothy Parish
Solo 401k IRA
In 2015, my sister had a business which was essentially her livelihood. She approached me an indicated her landlord was selling the building and would I be interested. I always was intrigued about real estate, so I pu...
Anita Jones
Property Tax Appeals
What have you found to be the best ammo when trying to appeal property taxes on a multi-unit building? I have an 11 unit building in Beaufort County NC that is valued at $800k. There are no similar upgraded apt buil...
Julian Coltea
Property Tax Implications of a condo de-conversion
I have a 23 unit condo building in Chicago, and I currently own 22 out of the 23 units with the intention of buying out the last unit. I have heard from some people, but have not gotten a definitive answer, that going...
Alvin Uy
My first "High End" flip -- Looking for some input
So here's where I am with this.... A couple of weeks ago, a close personal friend reached out to me about an off-market property she picked up in Eagle Rock, Los Angeles. She is now on escrow using a loan to purchase...
Matt Lord
Taxes and depreciation question
I’m a newbie here. Been listening to tons of the BP podcasts and I read a bunch of books. But my mind is somewhat simple. I’m having some trouble understanding a few things. My wife works full time, I recently walked ...
Rob Bergeron
8 Out of 10 New Apartment Buildings Were High-End in 2017
https://www.rentcafe.com/blog/apartmentliving/luxury-apartments/8-out-of-10-new-apartment-buildings-were-high-end-in-2017-trend-carries-on-into-2018/HIGH-END CONSTRUCTION BY CITY
16 cities are getting exclusively hig...
Brandon Esparza
My company paying my LLC rent
Hello Everyone,I just purchased a commercial industrial building for my business using a separate LLC. I was wondering what is the best way to go about this. Should the business pay rent to the building llc? Does anyo...
Marco Deleon
How does Tax Gain in a property works?
Hi there, I am trying to purchase a land for investment? But before doing it I would like to know the process of it. The land is empty but with easement for utilities. My plan is to buy the land, build a house and sal...