Hi all,
I'm trying to make sure I understand how a schedule E would work with the following situation:
Five apartment units total that share the address 123 Main St., each with their own Apt. 1, 2, 3, etc. identifie...
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Hi folks, I have a rental property in Chattanooga, and wondering about how property tax appeals work there. I'm used to Atlanta / Fulton County, GA where you can appeal every three years, and the values are then froze...
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Investment Info:
Large multi-family (5+ units) commercial investment investment in Charlotte.
Purchase price: $2,000,000
Cash invested: $281,000
Sale price: $3,000,000
We sold last month our comp...
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Bulldoze: The new way to foreclose
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Hi everyone,I'm a Rookie to this real estate investing. Glad to know this forum to get the opportunity to learn from a lot of experienced investors. Currently, I'm thinking about to start with a duplex/fourplex in ba...
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An accountant friend advised not to take the 27.5 years depreciation because when/should I sell the property, federal taxes will be due on the total amount depreciated and written off. What do you make of this?If you...
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Hello everyone, I am brand new to RE investing. Still trying to get my foot in the door. As I am reading and expanding my knowledge, I am running the numbers on a few deals per day. I came across this little deal here...
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I'm originally from Lawrence and bought my first house and my first rental in KC less than a year ago. I've noticed home prices have gone up significantly and the neighborhood I own in appears to be now flooded with o...
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I close on a duplex tomorrow. Both sides rented out, but only one tenant has a lease. They both pay super low rent, one pays $509, the other pays $400. (the 400 is the brother to the present owner) would it be wrong t...
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Hi All, I have several notes I self-service, and I was wondering if anyone has set up chart of accounts for dealing with notes that they wouldn't mind sharing? Thanks, Dean