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I am having some issues figuring out to calculate how depreciation affects my tax for a rental property. I have an example below. Is it correctly calculated correctly?
Example:
Purchase price: $1,500,000Rehab: $100,...
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I have a 7-unit apartment building in Maryland, just north of DC and I've been slowly renovating the outdated units as tenants move out. The apartments haven't been updated in maybe 30-40 years and still have stoves ...
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I'm buying a few investment properties in Detroit. How do I estimate what property taxes will be?
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Can someone explain the technique of using a master lease with option on an apartment complex and how it works. Does it work best with troubled properties?
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This is my first post to the forums. Here is some quick background:I live in Richmond BC. We bought our house in '05 for $420k, and had it recently appraised and it came in at $910k. We did the appaisal so we could...
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Hi, all. I'm brand-new to this whole thing, and am about to buy a pair of properties that will require a total of $15K work done.Property A needs a new roof and some other work. Probably to the tune of $10K. This work...
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So i’m very much a noob to real estate. I literally just started in the past week reading up on it. In that short time ive listened to about 15-20 bigger pocket podcasts all day while at work and reading as much as ...
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BP:I'm about 4 months in to owning my first two SFH's with carryover tenants. Thus far, we have had a great working relationship. I purposely staggered the leases to expire 2 months apart, and I made them shorter so t...
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Hello BP experts,I live in bay area and this would be my first investment property. Any feed back or suggestions would be great. Duplex built in 1980s in Ga, Asking Price - 189 k B Neighborhood - low crime, decent sch...
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Hey BP community,As I’m learning to purchase and own apartments, where should the topic of insurance be in the pecking order? If I’m looking for a 4 plex (residential) or 6-plex (commercial) apartment building, what ...