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I am looking at buying a large commercial property 20k sqft building with 2 retail spots attached and a studio apartment attached as well. My question is for taxes and insurance. If I buy the property and rent out eac...
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We have been looking into the purchase of a 24-unit apartment building in Arizona that fits our location and buying criteria, however as we dug deeper with the seller we discovered that a few years back they had conve...
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Hello PB,My Partner Mike and I (Chris) are moving steadily through our first deal. We acquired through seller financing a two-story mixed use commercial property totaling 8,000 sqft, located at 77 South Street, Bethe...
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I am a new member located in Northern West Virginia. I have worked in real estate development and management for several years but I am just starting to build my personal portfolio. My goal is to build a strong b...
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Tax time is quickly approaching, and that means an uptick in the questions about who is entitled to get the tax credit for "Subject To" deals. As David M. Hasson CPA, PFS of Seckendorf Hasson & Reilly CPA's, LLC n...
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I'm curious what @Amit M. , Account Closed , and some other San Francisco folks think about this listing. Is it possible to make a million dollars on this building? (Wildly speculative of course, but not the craziest ...
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Hi everyone,I am a newbie here, and I am trying to learn as much as possible right now. I have been thinking about a good strategy for me to start off since I already own a home. I would love to see what you guys thin...
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I bought a house in 2011 and lived in it prior to moving out at the end of 2014. February of 2015 I began renting the house. I am trying to determine my cost basis for depreciation. I know that it will be the lesse...
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I'm purchasing a 3 story office building (37k sqft total) in the Orlando Fl area and my electric bill is $80k annually, with the monthly usage ranging between 48,000 kWh to 65,000 kWh. Has anyone found the ROI on inst...
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I posted this last week under the Tax, Legal Issues, etc. forum category and not a single response. I'm not sure if it's such a complicated situation that no one has any advice, or if I simply had the wrong category....