The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...
Im anylizing some commercial properties and have noticed the different tax rates compared to the total property square footages. It seems that the properties that are made up of multiple smaller lots, where the b...
Sorry this is a long one:Contemplating doing a new simple Shingle overlay on a rental property roof. In other words, not doing a tear off of the old Shingles just laying a new layer over the old. I have a guy who has ...
I have a rental home and had the HVAC and water heater replaced last year. The furnace stopped working and was in need of costly repairs that would likely only prolong a replacement. Since they were already replacing ...
Hey BP!I enjoy learning about how to value and make offers on apartment buildings and I am trying to implement some new things I've read about.I drove past an awesome looking apartment building on the Northside of Rac...
I'm hoping someone can give me some insight to this rather individualized question. I own a 2 story duplex and rent the 1st floor and live on the second floor. In 2017 I built a laundry room with hook-ups for both m...
Hi,I just put under contract a property in the Bronx, near St. Barnabas Hospital. House is on a 25x100 land and according to architects, I can build up to 8 units, all 1 bedroom. Now I just want to make sure the math ...
Investment Info:
Other other investment.
Purchase price: $749,000
Cash invested: $6,300,000
This building was a former industrial laundry along an old rail-line that was converted to a linear park. W...
I have a 10 unit apartment building that is considered a commercial property by the bank, but does the IRS still consider this a residential property? I was reading this article Real Estate Depreciation: A Deeper Look...
short back story, I'm a salseman for a fairly large roofing company in Kalamazoo MI. I'm 36 years old and have been remodeling houses for myself or working under someone else since I was 15 (summers and evenings)
I've...