Tracey B.
Limiting management of 100 door apartment complex
I'm considering buying a multi-family property with approximately 100 doors. The NOI, based on the forecast provided by the on-site management (extrapolated from previous years), is $220K, though this is after $60K in...
Kelly Douglas
Capital gains confusion
First off, I know I should contact my CPA, but I'm trying educate myself on this matter so I can ask the right questions.
I will try to keep it simple.
"My share" of the deal is as follows:
I have a $1,000,000 Option...
Sarah Smith
Trying to Be Different and Make a Difference-Is this a good idea?
I am slowly strategizing my plan for STR. Most of my personal experience with STR was after a cancer diagnosis and I had to be in Houston often. I’m not a fan of hotels so STR was a blessing. Now looking back, I kind ...
Pierre Victor
I’m trying to invest out of state
Hey guys, I currently live in Massachusetts, and trying to buy my first rental property out of state, because the market where I am (Boston) is too expensive. So I did some research on which states are landlord friend...
David Wilson
Charleston, SC Newbie looking to fix and flip, buy and hold.
Hello to all BP-ers!I've been loving perusing the website looking at all the informative content and forum posts! I created a profile as soon as I realized how useful this community can be; however, I haven't made my...
Evan Barney
Section 179 Expense Election - Immediate deduction of assets
Hi everyone, I am currently taking a Tax Analysis class at my university and I came across Section 179 in the tax code. Based on the discussion in class, it seems that as a business owner you can elect to immediately ...
Carol Venolia
What's my responsibility in regard to mice in my rental house?
Hello,I have a tenant family in a freestanding house in a semi-rural area. She texted me last night to say that they'd caught 4 mice in the house recently and she doesn't want mice surprising them or their two young b...
Kim Masek
Help me . Getting out of real estate, bad situation getting worse
So I tried dipping my toe into the real estate investing niche. My husband was never on board with any of it. I bought my 1st deal from an investor who bought my house several years ago. Two years ago I bought the inv...
William Allen
What is a Property’s After Repair Value and how to Determine it?
Very few in the industry (investors, realtors, appraisers, etc.), ever truly master this valuable skill.
Believe it or not, after reading this post, you will probably understand this skill better than most appra...
Sean Holland
Deductioning work vehicles/trailers?
I already have a primary vehicle. I want to purchase a secondary work truck (20k) and dump trailer (7k). Trying to figure out how much of these purchases I can deduct. Also, what other deductions would that cut into (...