Jack B.
Accountant is using a weird depreciation method, is he right?
He tells me the appraised amount of the structure (not including land, just the house) divided by 27.5 is NOT the depreciation method.He said the purchase price is my basis and that...Depreciable basis = basis * land...
Clinton Wheeler
Str deal analysis for multi unit
Im looking to expand my str portfolio and looking for help in how to analyze a property that has 3 units. I have gross figures for past years but how do I go about calculating adr and occupancy?
Nikolay Georgiev
Compensation from developer
Hi guys,I want to offer my land plot to a developer. The deal is as follows: I transfer construction rights to him in exchange for a share in the completed development. The planned residential building will have app. ...
Daniel Levine
Help looking at multi family deal
Hi all, I am struggling with the analysis on this one. I am looking at purchasing 3 multi families from the same owner. The only way the deal will work is if I purchase all 3. My biggest concern is that two of the pro...
Simone Silvera
Is this a Deal or No Deal
Based on income, expenses, and other information provided, the maximum purchase price you could pay for this property would be -$437,280.00. This would allow you, the wholesaler, to make a profit of $200,000.00 and al...
Sharad Bagri
Is accredited investor a requirement for multi family unit purchase for investment?
It looks like only accredited investor can invest in multi family investing. Is that strictly enforced? What if a married individual has income of $200k+ but the spouse is not in workforce, so that is the total income...
Andrew Great
Can I add my rental property to a form 4562 Depreciation?
I'm working on preparing my taxes using HR Block and I have a few questions related to the Form 4562. This form is for my rental property depreciation. It says I can include the items below. Computers and computer sof...
Ryan Davis
Please help, more loans?
Im in dire need of some advice. What is better, to pay off one loan or pay off multiple loans as fast as possible?Just a little background before we get into the details. I currently have a condo. We have lived here f...
Mike Park
ROI analysis in 38115 SFH property home
I have a 3/2 sfh in 38115, Memphis, TN. It is doing okay at the moment. I am getting ROI of 12.88% at the moment. 1) Any advice on the ideas to improve ROI for the next home purchase?2) Is there any risk going forward...
Sunny Sopapunta
Partnering up questions
Hi all,I am just starting out and doing some research before I dive in to buying real estate. My question is if you're doing long distance investing with a partner who is in the area you plan on investing in, how do y...