I am submitting my US tax return for 2011 & I have a house in the UK which I am renting out. As part of my return I need to enter the % of the building is worth versus the land for deprecation purposes.
The person...
Hello,I am meeting with a broker tomorrow for a BPO that my HML ordered. I read in multiple posts here that people were stating that a BPO is strictly addressing the current value of the property, versus potential fut...
Brought rental 2021, rented 2022. In looking at tax deductions, it appears that a business doing under $25M can deduct all expenses, including remodeling materials and labors, versus capitalizing some that are require...
I am a newbie and I have been doing some extensive reading on Real Estate. I have alot more respect for RE bceause there is so much to learn.
I came across an article about 203 (k) loans. Has anyone every done this...
We have owned a number of properties for some years and are starting to do updates as tenants leave and before we rent out again. We are also somewhat interested in investing in property updates to grow the rents on ...
Hello! I just bought a commercial property at 2.1m with hard money. The appraisal came back at 2.7m. With rent increases, we will drive the value up to 3.0m within 60 days. I would like to refi ASAP but can't find a l...
Just bought my first triplex! Currently the renters are paying $300 under market, and they are on month to month verbal agreements- no signed lease. The renters have been there for 3 years, and keep they're places ver...
I have read that for determining equilibrium a good rule of thumb is to use an avg of somewhere between 7-8 sq ft of self storage per person within the radius you are analyzing. However we all know each market is ver...
Hey fellow BP members,
I've seen a lot of posts from buy-and-hold investors who talk about not doing high end finishes on a rental property. Though I am newer, this strategy is flawed in my eyes for several reasons...
I am thinking of taking out a 200k HELOC on my personal property to buy 4 or 5 SF homes to add to my portfolio . The 200k will cover the 20% down on probably 4 homes, each one will cash flow $200- 500 per month, and I...