Hi there,I am selling my rental property as a teardown to a builder. The value is in the land. I was wondering , since it's being bought as a tear down, if I would still have to pay income taxes on the depreciation r...
Hi there, intrested in buying ag land with almond orchard already established. Between my neighbor and my self. Question is how do i value the property? And generally if i buy the property how would i go about joint ...
Hello I live in Ohio just starting out and was wondering is there any advantages of buying land over buying units already on the land either single-family or multi family units?
Hello to all,
I am relatively new to investing with just under two years under my belt. Yesterday, two of the homeowners I've been working with over the last few days agreed to sell me their homes through a short sal...
hey all. I need the wisdom of this ever so intelligent website to answer some questions for me. My real estate agent, lawyer, and estate planner do not have a good enough response for this so I was thinking of reach...
Hi everyone. I'm hoping to get some guidance from tax professionals in the BP community since I'm a bit stuck. I'm working on my 1065 for a two-member LLC. We established the entity and purchased our first property...
Hey BP,I am looking for some input on how I may handle a current opportunity. There is a motel in a fairly nice area of town that is a total eyesore. It attracts unsavory guests and has obviously not received any inve...
Here is the scoop. I have an opportunity to purchase class c land from my in-laws. It would be a deferred payment to them after 5-7 years. It is 2.32 AC and in a prime location in the fastest growing city in Iowa. I ...
Hello All, I am looking for a personal finance CPA with also a specialty in real estate located around the Terre Haute Indiana area. My hope is to establish a relationship on the personal tax level and dove tail ...
Hey everyone, 2 questions:#1. Can someone help me with establishing the listing price of my land? My civil engineer is almost complete with all site drawings needed to submit for utility and jurisdictional approvals. ...