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I have a non-residential rental property that I leased out last year and I am filling out Form 4562 for figuring out MACRS depreciation(39 years MM, SL). I assume the basis for depreciation does not include land. I ...
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Vacant land vs rental property which one is better
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Hello everyone! I live in Wisconsin, and going to purchase my first rental using a land contract with the seller. I am younger, so he is wanting one of my parent to co-sign on the land contract. What I don't like a...
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I am in the process of buying land outside of a major Texas city. I plan on building multiple 6 plexes on the property but I am running into a few problems. First, after doing some research I am noticing a that the id...
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Introduction
Dear Bigger Pockets members.
I'm a long time listener and hopefully have an interesting situation for you to ponder.
I've lived my entire life in London, England up until November 2020 when I immigrate...
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Hi guys. I’ve been researching wholesaling land the last week. I’m currently trying to figure out the best state for me to start in. I’ve narrowed it down to Tennessee, Florida, North Carolina, Michigan, Alabama, Ark...
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Investment Info:
Small multi-family (2-4 units) other investment.
Purchase price: $8,000
Cash invested: $8,000
Sale price: $240,000
This opportunity involves a new build on a property in North Ma...
Hi AllWe want to develop on vacant land that we believe to be $600K present fair value. Our desire is to negotiate with land owner (motivated seller but not distressed) to pay for the land in 2 years time (post design...
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If I was to spot vacant land while driving for dollars and spot vacant land, how do I find out what the address is? It is not like a house that has a home address number on the house or mailbox.
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hey guys i have been doing wholesaling for a while and i have recently come into some situations where im not entirely sure how to market a particular property, in this instance its land. how do i negotiate a land pur...