Kumar Gaurav
Impact of upgrades on tax/depreciation
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Mordy Chaimovitz
Crazy prices on 2 and 3 flat buildings in chicago
Can someone please explain to me why people are buying 2 flats that rent comps show $4,600 a month in income for 665k+? The income doesn't really cover expenses plus debt service. Even if you tell me they are paying c...
Annie Irizari
Need help go from SF to 100+ MF or Multipurpose Commercial
Hi everyone, Has anyone out there done what I'm trying to do? Care to share your journey...please.I'm no expert but have some knowledge and a1 successful REI experience in my SF (Albuquerque NM state) . I do have some...
Jim Madden
Single Family Tax Advantages
I am a new, confused investor that bought four single family turnkey homes in 2016. I had a CPA do my taxes and am not clear about the tax advantages of owning SFHs. I do not qualify as a real estate professional.1. D...
Will Johnston
Calculating DTI on Rental Mortgages
I've found different lenders calculate DTI ratio when it comes to rental income differently.Some lenders take rental income (or a percentage thereof), subtract the mortgage amount, and then add the result to either th...
Jaden Harper
Same day Home inspection
What makes a good home inspector for an investor? I’m getting my license so that I can increase my income and knowledge to be able to do deals, but I want to stay heavily in the investment sector if possible, and was ...
Matt M.
Having trouble figuring out cap rate
Hopefully I have the correct category here... so I need help (please) figuring out my cap rate of these two properties (both sides of a double)1st one purchased dec 2015 for $23,100(cash), rehab costs $17,000 (cash). ...
Clay Sellers
SDIRA questions for a newbie.
I have some money sitting in a 401k account from a job I left about a year ago, not much, about $20K. I can roll that over to an SDIRA, correct?Does it matter what strategy you use (Fix & Flip, Buy & Hold, BRR...
Pete Harper
Tax Implications of CA Title Transfer
I have a tax question. I own vacant land in CA and would like to transfer title to my TX LLC. Would CA consider this a taxable event?My long term plan is to sell the land in CA and do a 1031 exchange into property in...
Assad Oskuei
Question regarding building an ADU in cranston. Need advice…………….
We live in Cranston and have an empty small lot attached to our home. Whats the process of building an in-law unit? Is the permit as big of a deal as building new home? What ball park construction cost should we be th...