Hello Guys,Let's assume I managed to purchase a land for $ 100 k and I build a 10 unit apartment complex ( construction cost = $ 900 k), and let's say it takes me 2 years to complete the project (The ROI is 100%). The...
I've currently got a 401k with my full time employer (also part time RE agent). About 2 years ago I decided to change my allocations to Roth 401k. However, 8 years of automatic enrollment had me in the pre-tax plan an...
Have an opportunity to buy a mixed use building in the village square from private owners. We bought our business building from them last year and they are good family friends. Building has three large commercial st...
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
Hello BP,I have a fourplex in Tucson that I bought a couple years ago now. I’ve been renovating it and am almost done. I asked my CPA about bonus depreciation and doing a Cost Seg study on the property so I could get ...
Okay I have been listening to the podcast and quite of few people say Rich Dad Poor Dad is there favorite read, Now I had this book for years tried to read it but never got into it, But for some reason yesterday I...
Hi everyone! I have a multifamily property that includes a two story unit. One bedroom, bathroom and living room on the bottom floor of the unit. The upper floor was an attic previously. Right now it has one room t...
I have a decision to make and I am not sure what my best option is. I would like the opinion of others here on what they would do if they where in my situation. Here are the factors to the equation.1. I own a house ...
I'm collecting stories about weird ownership interests people encounter in Alabama foreclosure or tax sale investing. For example, I've recently fielded questions about tax sales of improvements only, and life estate ...
I am strongly considering new build construction in NW Cape Coral Florida. The new build is still on the well/septic system but I am being advised that conversion to city services is several years away. I am also advi...