David Cam
Buying & Selling vs Holding & Growing
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...
Kevin Sobilo
Tax Repository Purchase & Tax Assessment Appeal (PA)
In Pennsylvania when a property doesn't sell at the Judicial Tax Sale (Free & Clear Sale), it goes on a list (Repository List) where it can be purchases anytime for a nominal price. When the sale is complete, the ...
Lauryn Meadows
My CPA Doesn’t find benefit in Real Estate Professional Status
Question for my Investher CPAs.
My husband works full time in our real estate business, I believe he should have no problem qualifying for real estate professional status.
I work at W2 and have a 1099. We also fli...
Bear Geiger
Yet another 1031 exchange question
I am currently working in development of raw land. In short, we by a large piece of land, make improvements, split it into smaller tracks and sell them. At one time I was told that even if I hold this property for o...
Ben Reiss
Rehab SFH on College Campus
Good Morning Everyone,
I have asked a few questions on BP and gotten some good advice. I have done some marketing and found a few things. I bought a lot with some title issues I cleaned up for 18K all in that is ...
Hemal Patel
Leander vs Pflugerville
Being remote and have never lived in Austin, it's quite confusing to know that between Leander and Pflugerville, which one is a better prospect for investment, say we'll keep it for 5 years. We've observed that Leande...
Bobby Andrews
Deductions for non-REPS
Hey everyone - first post here but have done a lot of research and reading. Hoping I can get some guidance with my question!I own a 3 unit commercial building that generates about $50K/year in net revenue. I'm self em...
Ross Ellington
Depreciation's impact
Good evening everyone. I wanted to ask about the depreciation on investment properties and the advantages it has. (or any disadvantages that I might not know about) I still feel foggy when it comes to the whole idea. ...
Melanie Baldridge
If you want to be a real estate pro, you need to understand the TERMS:
Here are a few definitions that you absolutely must know.
Bookmark this thread and use it as your cheat sheet for 2024.
Okay, let’s dive in:
Here are the terms that I’ll define in this thread:
-DEPRECIATION
-BO...
George Ahearn
My First Deal.. Home Run or No?
Investment Info:
Retail commercial investment investment.
Purchase price: $600,000
Cash invested: $3,000
Downtown Main Street in Bothell, WA 98011
What made you interested in investing in this t...