Hi - we're getting ready to "push the button" with Kay Properties on a 1031 finance purchase of a $100,000 offering. Still doing a little Due Diligence. This will be a first DST purchase for us, and the 3rd time invo...
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
We signed the purchase agreement back in December 2020, and it was scheduled to be completed by 4/15/2021. However, the builder has been delaying the building, and recently we were told that they wanted to cancel our ...
I know I might be opening up a real can of something on this thread but I need to get some advice from some commercial RE investors if possible. I recently ran across a rather unique biz op. I have a client that's bee...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
I was driving home from a party yesterday afternoon and saw a truck with a big American flag driving on the freeway. I asked my wife what's the occasion? She said September 11. She reminded me that I've been off my W2...
I started investing in real estate over 8 years ago and I have done all kinds of deals. I started as a landlord and buying Rentals. Then, I started wholesaling and flipping properties (currently doing about 50 trans...
Hello all. I've gone through so much turmoil in life . . .including beating cancer 3X . . .so to come to this point as I finally have been granted a 3rd chance at life is frustrating to say the least. My offer was acc...
Hey Everyone,
I have an opportunity to become a student for a Real Estate Investing company and I'm not sure yet if I should buy into it. The program is called Freedom Mentor and the main coach is Phil Pustej...
Hi BP colleaguesI am new to MFR and I am hesitant to venture in Class C/D neighborhouds and buildings for investment. As I have limited capital I have no choice but to look at Class C/D types for investment. I am not ...