Hi guys,
Tax question for you:
Just curious as someone mentioned that I could utilize Sect 179 of the tax code to take depreciation in the same year instead of capitalizing it over X years on certain it...
I sold 1/2 interest of a ski in/ski out condo (rental property) to a friend of mine who was the other 1/2 owner. We bought the investment property in 1999. My wife and I sold it Jan of 2016. When utilizing turbo ta...
This is in Canada, but I think the principals of renting are essentially the same as in the US.
Asking Price: 249,900 - older building that .
Pluses: Long term tenants who want to stay, building has been decently...
View report*This link comes directly from our calculators, based on information input by the member who posted.Hi everyone,I am a first-time multi-family investor, and would love to get some more eyes...
I’m debating on selling my rental property (4plex) and utilizing a 1031 exchange to funnel the proceeds into a larger property (10+ units) to scale my portfolio, and retain some of the proceeds from the sale for futur...
There is a nice 4 plex that I am currently looking to buy at some point that costs $510k. It's located in Atlanta and is only 50% occupied. It has 3 2bd 2bth(rent is between $2700 to $2800 a month) and 1 1bd 1bth(rent...
My wife and I have househacked our basement on-and-off for more than half of the five years we’ve lived at our home. Now it’s time to move. We may keep it as a rental. Or we may sell. The complications of capital gain...
Fairly new to this site but love the solid advice and experience residing here. Here is my deal I want feedback on:Duplex, great looking home in a historic district. Decent area with average crime. Low point is an...
View report*This link comes directly from our calculators, based on information input by the member who posted. I want to wholesale this deal or do a Joint Venture. Seller is asking $74,900 and based ...
I need help with a tax
question - I bought a house with my father to flip at the end of last year. So,
by government classification we were a general partnership at the time. We
financed the house using a loan in o...