Introduction:
In the world of investment real estate, there are many different ways to finance a fix-n-flip or fix-to-rent project. Those who choose to utilize the benefits of private money know that there are m...
Grateful for some guidance BP community--
My first property is a row house with an English basement rental unit, that has its own certificate of occupancy and is registered with the State and has a tax ID. Given that...
I can't find any information on converting a rental to primary re: irs forms. I know the 4562 is what I would use to put improvements for my rental into service and depreciation on the property, but not for letting t...
I was discussing depreciation schedules as a benefit for real estate investors over the weekend. The person I was speaking with seemed to think that the write off involved with a depreciation schedule would be due upo...
I'm thinking of converting a vacation home to a rental. Obviously I can get depreciation advantages, but how do I do that? Do I simply start taking depreciation on Schedule E? Can I get retroactive advantages? How...
I have a rental which has accumulated a lot of losses on schedule E. Mainly due to depreciation. I intend to not sell the rental and pass it on my kids. In that case they will get step up basis and won't have to care ...
I spent almost half a day on this excel sheet to play with partials. If i were to sell one, on the "Partials" sheet, i type in the numbers on anything that is highlighted in green (Except the one that says "DO NOT CHA...
Hey all!
I plan to sell my SFH rental. But my plan is to pay off what’s left to own it free and clear and do seller financing. my plan is to offer 15 or 30 years at a normal rate that someone could get from the bank ...
Hello, first time posting here.
I'm contemplating the sale of a rental property I own. I have a net equity (after commission + repair allowance) of $116k in the property. The home is worth 300k. I'm wondering if a 1...
Hi all, I own a duplex in Queens and our family both live and rent the property. My family is planning to move out of the neighborhood and rent out the entire building.
I'm unsure whether the house will become an ...