I'm trying to determine if it would be better to sell and collect this equity on one of my properties or keep it and continue reaping the nice cash flow it produces. Here's the situation.Home has a mortgage of 27 yea...
I've just come under contract for a 12-unit apartment in Spokane, WA that was built in the 70's and remodeled in 2014. Purchase price was $720,000, and I intend to hold on to the property for >5 years. It is not pa...
Hey guys, I'm starting to get my feet wet with investing. What do you think of this deal? Am I missing anything? I plan to owner occupy one side to start out, but numbers are assuming its fully rented..$225,0005% down
So I am almost finished with the book Rental Property investing, which is what brought me here to the forum. Something the author emphasizes is the importance of calculating capital expenditure into the equation when ...
Question for everyone: I'm looking for an accountant/engineer who does cost segregation depreciation analyses in the Northeast, Ohio area. I just bought a duplex as an owner occupant, and I want to maximize my depreci...
I will be replacing the roof on one of my rental properties this summer. The question is can I expense is all this year or do I have to depreciate it? I ask because I've heard both sides lately. The normal consensu...
Hi all-
I'm testing the waters to see if my contractors are missing something. My partner and I are looking for windows for a duplex in South City and being told the lead time is a few months and that each window cou...
Hello, I would appreciate your input on the following issue- We have a rental house in AZ in which the roof started leaking at several places. It is not that old of a home (1999) but we are told that the tiles either...
Hi Everyone!I have researched De Minimus Safe Harbour election & it sounds like a very beneficial tax election.My understanding is:1. You can writ-off, instead of depreciating any item under $2500.00 ($5000.00 wit...
Hey BP family,I have an interesting question for you all that I am hoping to get some clarity on.I am an agent and a new investor. I am moving across the country in a couple weeks due to some family issues. As we have...