I am in negotiations with the seller of a small apartment building (6 units).  The seller has owned the property for a long time and it is fully depreciated.  However, before we put pen to paper he is trying to figure...

Hi BP!  I joined recently after hearing much about the forum.  I'm an American based in Japan, and finally decided to take the plunge as a personal investor a couple months ago and acquired a 14 unit residential build...

Hi,I am looking for some tax guidance on my first ground up construction. In this scenario, say I acquired the property for $1M and the city tax assessor has it documented that my land is worth 900k and the building i...

I'm trying to filter down a list of tax record-based data (currently for properties in Snohomish County, WA) for a direct mail marketing campaign, targeting absentee owners with motivation and no mortgage.One field in...

I am new to Short Term Rentals and working with a partner to build our first rental cabin. How can I still benefit from taxes for 2021 if our cabin won't be done until 2022?Quick background: My partner is fronting the...

I have been looking for an apartment deal going on 7 months.  This is my first commercial deal and have been looking for 6-20 units that fit my other criteria's.  I have looked at a lot of properties. I find that most...

I’m gonna use these post as my own personal diary hopefully people can help me along the way. I started two years ago buying tax liens because I read, Rich dad poor dad, like everybody else and eventually I acquired o...

Quick hypothetical question for Tax Pro's out there:If you have purchased a lot to build a home on, when does the one-year clock start to switch from short term to long term capital gains?Does it start when land was a...