I hope I can get the answers from many experts here2 years ago I bought a warehouseI made 2 loans1 SBA 504. $5millions2 Commercial loan from one bank $8millionsMy business went down so bad. I could not afford to pay m...
Hi! How are you guys tracking your deprecation? Which software are you using? Or are most of you strictly relying on your CPA? Id like to track myself and be aware of my tax deductions.
Thanks in advance for your ...
I own a single condominium unit in Washington DC that I previously lived in. Last year, I moved out of state to take a new job and turned the condo into a rental. My tenants gave me notice that they needed to move out...
I think I know the answer to this, but is it correct that you cannot take bonus depreciation on a house older than 1986 build? To me it would be new (i.e., acquisition in 2022) but its the build date, correct that is...
Hey guys, I bought a 4 unit in Cincinnati in 2020. This month my mortgage payment jumped overnight from $2100 to $3000. Called the mortgage company and they said my insurance has gone up somewhat, but its mostly my pr...
Commercial Real Estate Newbie question here!
I purchased a 7500sqft, 5-unit office building under an LLC that I use for my RE Investments. I purchased for 410K and the building appraises as-is at $520K. Current re...
Hi
I found some multifamily properties in the AZ area that gives pretty good cash flow.
However, they are pretty old and is generally more than 27 years old.
Increased maintenance aside ( I will have to engage a ...
I have an opportunity to purchase five adjacent lots at a pretty decent price ($125k total), but I have no builder or rehab experience. Is taking on multiple lots too much for an inexperienced noob? How can I take o...
I am looking to invest in a mult-unit building (Quad) and am currently evaluating what is a good deal. I was trying to find the yearly taxes that would have to be paid but on the Assessment and Appraisal link I find T...
Hello, I'm a newbie here and just bought my first rental investment property in Ontario. I'm trying to figure out what the more lucrative strategy is to grow my real estate wealth for the future. I'm considering 2 opt...