Does anyone have a late rent notice template for New York City?
Correct me if I am wrong but a couple of things for NYC. It requires a late rent notice after 5 days and another late rent (to pay or quit) after 14 day...
I'm in the saving phase of my real estate investing so I am currently looking to stock pile as much cash as I can and LEARN as much as I can while I do it. I'm planning on purchasing my first investment property in 12...
Cost Segregation is a bit of a buzz word these days, but in case you aren’t familiar with what a cost segregation study is, let me explain. A cost segregation study is a strategic tax planning tool that separates the ...
I am a semi-seasoned real estate investor seeking to potentially partner with someone for a modest $1-2M multi-family or commercial deal with short to mid term exit plan in mind. No property in mind yet. I live in Flo...
Hi,From my research, an LLC goes a long way for asset protection when set up and maintained properly. However, it loses some tax benefits. Now, I think many of those benefits are phased out for high incomes, and/or re...
I am looking for some advice on how to structure a deal. Here are the details.The land owner would supply the land, I would supply all costs and construction. We are looking to develop 10 (3 unit) multi family buildin...
A Cost Segregation Study was performed on a 2-story, 5,237 square foot Office Building located in Louisville, KY that was built in 1946 and purchased by its new owners in 2021. The depreciable basis of the property ...
Hi! I just started educating myself on rental properties a few months ago and am trying to determine my strategy. My husband and I both work and have a combined income of $220k but we are paying $60k annually on taxes...
When talking about cost segregation studies, a common confusion is the difference between reclassification and bonus depreciation and the role that each of them plays in terms of taxes. Let’s dive in.
Reclassificat...
Starting my first flip. ARV is 190,000. Got the house for 100,000. Rehab estimate is about 30,000 if i pay a contractor. I had a contractor walk the property and said material cost is about 10-15,000. I plan to live i...