Timothy Jacobson
Obtaining Financing through a bank or Lender
Good evening all. We are Connecticut investors in the business of buying mulit-family residential properties (2-4), rehabbing and renting them or just simply flipping. I am curious, from a bank/lenders viewpoint, wha...
Tony Lin
Multifamily tax structure
Need some clarification here. Multifamily syndication distributions usually come in three forms, yearly cashflow, refinance, and appreciation. I wanted to make sure I understand how each of these are taxed. Please cor...
Stuart Udis
The Rehab Cost Figure Everyone Gets Wrong
Site cleaning is consistently understated in rehab construction budgets. Most rehabbers include only enough for initial demolition/cleanout, drywall scrap removal and end of project cleaning. Increasing your construc...
Chris Armstrong
Really Trying to understand Depreciation and Recapture upon sale
Hey BP I have been thinking a lot about the issue of depreciation on rental properties and what happens when you sell one after a long time without use of a 1031. I guess I have been thinking about a property that is ...
Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
Aaron S.
Trying to dig myself out of a little hole; advice requested
33, salary 95k, MCOL area. $4,000 in credit card debt and I pay $400/mo child support. Other income is ~$300 in disability income and ~$250 from teaching Brazilian Jiu-Jitsu on the side.live with girlfriend who makes ...
Sahil Rohra
Depreciation and Passive Accumulated Losses
Hi,Had a quick question to confirm I am understanding how passive activity losses and depreciation (and depreciation recapture works). Please see below hypothetical example. Assuming I bought the below property and so...
Joseph Medina
WARNING! Biden's Tax Plan: The Investor's Worst Nightmare
IRS peeking into your income, Realized Cap Gains Increase, UNREALIZED CAP-GAINS TAX, DEATH OF THE 1031 EXHANGE AND MORE!!!
(I AM NO CPA AND THE FOLLOWING ARE MY VIEWS BASED ON MY INTREPRETATION OF THE ATTACHED DOCU...
Shafi Noss
Is Depreciation Worth Anything?
I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...
John Luczy
Can i choose the amount i want to insure for?
Im looking for help from someone that knows insurance well. looking through the forms I see there is cash value, and replacement value insurance. Do you know if there is a way to insure a property for a lesser value...