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Results (7979)
Winston A. Purchase cost relating to Loan
31 March 2012 | 4 replies

Hello,

I bought a building for $200,000, and was wondering if add the purchase cost to the building before OR after the allocated building % is applied.

VERSION #1
Purchase Price: $200,000
Purchase Costs: 5,...

Sarah McCarty 1031 exchange owner occupied unit
10 April 2019 | 3 replies

Hello: I am selling my owner occupied two family home and buying a single family home. Similar value and mortgage on the properties. I am planning on converting part of my new primary home into an accessory apartment ...

Brian Keegan Self Storage Split for Equity Partnership
20 January 2021 | 2 replies

Hi BP Fam,
I am curious to see what everyone considers fair for allocating ownership in an equity partnership, specifically for self storage. To keep it simple, I am wondering what percent to allocate for (1) finding...

Julio Gonzalez 4 Asset Classifications of Cost Segregation
13 July 2022 | 0 replies

Have you ever found yourself having to pay into the IRS for income taxes on your real estate properties? Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you coul...

Landon B. LLC taxation if income not collected
16 January 2020 | 5 replies

Quick general question- If my LLC (s-corp) had profits last year from real estate sales, but I did not collect on any of those profits (ie what was earned stayed within the company account) do the LLC members still pa...

Zac Starr Please suggest a sales agreement
25 January 2018 | 6 replies

I have a cash buyer for a 1972 mobil home that has not been converted to real property on a 0.4 acre piece of property. I am selling only the land and the mobil home will be included with the sale. What sales contract...

Horacio Gutierrez Doing a 1031 from duplex to sfh
15 August 2021 | 6 replies

Hello,If I have a duplex with a parternership as both tenant in commom amd we both decide to do a 1031 where I buy my own sfh and he buys his own sfh which breaks or parternership. Can we still do a 1031 and each part...

Lucas Hammer How to divide common area expenses
29 August 2016 | 9 replies

I just closed on a 2-flat that I'll be living in and renting out the second unit. I'm tracking all of my receipts currently and trying to categorize them as well as I can. I've read IRS pub 527 a few times and I'm won...

Shak F. *** HELP *** structuring deals for a first time!
17 February 2024 | 2 replies

Two of my friends and I are trying to purchase an investment property at around $300K in cash. One of my friends will bring 80% of money and another friend is bring 20%. Among three of us, I know relatively more about...

Nicholas Thompson buying the membership interests of an llc that owns real estate
11 February 2021 | 6 replies

What are the pro's and con's of buying the membership interests of an llc that owns multifamily real estate as opposed to buying just the assets?