Joe Rest
Total recapture depreciation when selling an house
I am trying to figure it out how to identify the total recaptured depreciation to report for tax purpose as result of the sale of rental property. The first realization is that this is a TOTAL recapture depreciation ...
Mehran K.
"What If" Section 8 Were No More
Hey there community!
I'm closing on a property tomorrow and I'll be inheriting a Section 8 tenant. I always like to think about possible "What If" scenarios and it's got me thinking. I ponder, how would it af...
Andrew Reid
Job Change - Roll Over 401k or Invest in Existing Rental Property
I also posted this on Reddit Personal Finance subredditI would like to get feedback on my current situation and trying to make a final decision. I have money in a 401k from a previous job and also a rental property th...
Shain Cannon
Running Rental numbers
Hello all. Still very green to this market and I’ve been listening to the BP podcast 6-8 hrs a day (at work) for the past couple weeks. So I am learning a lot! I would like some extra eyes to help run the numbers on t...
Ted R.
High-rise condo depreciation: how much land value tot exclude
Great forum discussions here.... I read several relevant threads but my question focuses on how to split between land and building value in a high rise condo for depreciation purposes.
I purchased the condo 10 years ...
Helen M Leyzerovich
What to do if the utilities cannot be separated?
Hello everyone! My partner and I recently purchased a 3-family rental property. The first floor of the property used to be occupied by the owner, and the other two units were rented. We will be renting out all 3 units...
Nana Sefa
Owner’s title insurance - to get or not?
Which of you get owner’s title insurance? And who doesn’t get owner’s title? Why do you get or not get? Thank you.
Zeek Collins
International Real Estate
This is my first post so I apologize for my lack of knowledge in the industry. I'm 21 and study airport management. I recently did a study abroad in Japan last year and am sure that you can make a killing in the Japan...
Account Closed
Kiyosaki talk. Write off RE with business??
Hi, I was watching a kiyosaki vid, and I heard him talk about Jared Kushner not paying taxes in regards to 3 forms of income. I’m not totally sure what’s being said here and I’m not asking for the “safe” “sounds real...
Mary Jay
Depreciation Calculations-please help to figure it out
Hey guys,
I feel like Ive always struggled with depreciation concept...
So, Ive been googling it, and here is what I found:
Let’s say you buy a single-family home for $200,000. The tax assessor’s estimate of the la...