Hi, first time poster but skimmed through some of the biggerpockets books, watched the youtube and hopeful for some good learning and sharing here. Anyway I have a building that has 4 apartments and a commercial area ...

I have an opportunity that looks promising upon initial calculations, but I want to make sure I'm not missing anything.  Another investor who currently owns a building is asking if I want to partner up on the deal.  T...

Do you use the same formula to determine Tax Depreciation on Building when evaluating a condo?Tool I am using is using a formula of  -Building Cost / Amort PeriodThoughts?  I have a deal that seems good but this calcu...

I am about to build an ADU in my garage. Since I want to do it all by code and with permits, the city/county will definitely know about it. What I am wondering now is if my property will be reassessed for tax purposes...

I just read a guru ascertaining a tax strategy for commercial properties.

He said in order to avoid paying the large transfer taxes which result from the sale of commercial projects/properties, buyers frequently requ...

Hello Chicago Friends-
In doing my own due diligence (which involves calling the city ;) I have not gotten a totally clear answer as to whether or not we would qualify for tax exemption with regards to the building m...

I bought a building personally that is being used in our partnership. The building is used for softball batting practice, lessons, camps, etc. I understand the basis rules for depreciation (lower of cost or market)....

Hello fellow REA investors,Can anyone help me answer the question below, I know this should be ask an Accountant, but I just need some general ideas of the tax implication. Here is the scenarios:1. We bought an apt bu...

Unfortunately, I feel like I am vastly lacking in my connections in these areas. I would love to connect to not only expand my knowledge but also help present and future clients if any questions may arise.

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