Could someone please explain the mortgage interest limitations in the case of a NYC Co-Op owner?
For example:
Co-op has 100 units and an outstanding underlying mortgage of $20,000,000 ($200,000 per unit allocated). ...
That's it, that is the question!How much would you spend today for a monthly cash flow of $40k? Explain.
For those that hold gold. How do you do it?
Etf?
Physical gold?
Hello everyone, new member here.I need some info on a partial 1031. My property in Honolulu, Hawaii was originally purchased in the 70's with having 1 house on a large lot. In the 90's, I built a 2nd house in the ba...
Hi everyone,Not sure this is the right forum for such a post but ill lay it out here anyway.My current field of employment is on a huge downtrend. Over the last 5-7 years I have partnered up with investors in the US t...
Regarding depreciation on a rental property, I know that depreciation deductions are spread out over the “useful life” of a property. The IRS allows an owner to depreciate the value of the home over a 27.5 year period...
Hi All,I live in Tel Aviv, Israel, and I'm following the trend here on two main streets since the outbreak of COVID-19 - Almost every day another store is added to the list of stores with a "For Rent/Sale" sign. I fee...
We purchased vacant land in the 1970's for $70,000. Sold it in 2018 for $720,000 and 1031 exchanged for 3 condos now used as rentals.Since the sold property was vacant and never depreciated - what is the cost basis a...
First time investor here. People experienced with townhomes and SFH, which one do you consider to be good for buy and hold (and cash flow of course).
I'm evaluating this for NW Indiana.
Townhome
New construction
1...
Hello all,I was wondering when it comes to a fix n flip how much should be allocated for contingency funds? Is their a particular percent or $ amount of the ARV that should be allocated for contingency? Who sets the c...