The tax publications say when converting a personal home to a rental, the basis is the lesser of the FMV or adjusted basis. 1. Is there any rule saying one couldn't do a cost segregation when converting, to bonus depr...

We are residents of Florida and preparing to move into a new home mid June. We currently live in a townhome which is in my wife name solely. (She purchased it before we got married). I guess we should have asked th...

Is monthly rent x's 12 x's 10 = a good basis for a selling price? Is now the time to be selling a cash cow investment?

Regards

Sonny

I want to househack in Northern Virginia, right outside of DC. However, many of the common BP rules of thumb, like the 2% rule and 50% rule, are hard to apply in this high priced area. Anyone have any tips on how to m...

If someone like to play with numbers, I have a deal here that you could practice on. My neighbor would really like to sell his 4plex to me. He wants to build a house so needs some of the equity in cash. He is open to ...

Have a down payment for my first property in a 401k. My accountant mentioned self directed ira llc’s. He really didn’t know much...but had heard of them. Trying to sort through the info...I am over 59 1/2. Asked a com...

I Olumide Oyefodunrin & my background in Real estate can be traced to my activities in home improvement as a contractor. I currently work with a home improvement retailer in calgary and my goals are to flip proper...

Hey everyone! I'm looking for a little help and I'm hoping someone around here can provide some insight. I'll detail my situation here.
I am looking to purchase a new primary residence ASAP. I currently have 10 first...

Anyone know much about the Jacksonville, Orange Park area? I would like to purchase a multi family home. I suspected this particular type of property might take time to find but any advice/tips or anything would be re...

I just bought a property that I intend on renting. I am rehabbing it now and I am curious how my expenses for the improvement are captured on my taxes? I ask because I previous asked a question about W9 and 1099 and I...