Hey Baltimore Investors,I'm looking at a multifamily in the city, but I'm worried that the taxes will rise significantly when I purchase the building. Does anyone know how assessments work in the city? Will the new as...
One of the biggest arguments I see around cost segregation studies is the issue of depreciation recapture upon the sale of the property. Do the benefits of the cost segregation study outweigh the cost of recapture? As...
Hello,
I have an opportunity to purchase a piece of land that has four mobile homes on it, all single wide. Each unit is metered & the tenants pay electricity, heat/gas & trash collection. Owner pays water,...
Hello, currently renovating the rental unit above my apartment. I don’t want to carpet because of installation costs and maintenance costs but i hear that it combined with good quality padding will help reduce soun...
Hey everyone, I need a little advice on a property I'm attempting to get under contract. The property is located in an AE Flood Zone. Apparently it has flooded a few times and the flood insurance is a little high beca...
I have a once triplex converted to a duplex that I’m turning back into a triplex . hope that didn’t get too confusing.So I’m trying to figure out the best way to supply all 3 units with sufficient hot water in the mos...
So I did my first flip. Worked out great. Bought it for $225k. Put another $125k in it. Sold for $450k. 6 Month time frame. Now... it's treated as a short term capital gain..... what can I offset it by? If I bought a ...
Right now, I'm pending a duplex for a client: 3241 N College Ave. I cannot reveal the contracted price as that's not allowed but asking price was $410,000. Mortgage is around $2500 when you factor in taxes / insurance...
When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
I am trying to figure out what has worked for other Wholesaler/Cash investors, in finding deals I hear of so many people getting 3-5 deals a month, and I'm struggling to get one deal this year, please let me know what...