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Hello Everyone,I recent was communicating with a wholesaler about a possible deal which is a pre foreclosure. I am very new to real estate investing and seeking guidance if this would worth pursuing. Background: The ...
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I created a company to buy are rent a condo in 2020. I borrowed 120K from a relative to buy this investment property. I bought the condo for 118K and used the rest for make ready. I now have a tenant who is paying me...
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So i have a 16 unit multifamily in Brooklyn. its a prime neighborhood and the only negative aspect is that majority of the apartments are Rent Stabilized. My questions is whats a good cap rate and how high can i ask f...
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Hey guys,
can anyone recommend me a good investor oriented CPA in the greater Boston area?
Thanks :)
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Hi,I have a SFH LTR in Dover, ID and asked my accountant about ways to save more on taxes. He said I could get a mini depreciation study where I could get all the depreciation deductions in the first 5 years instead o...
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Would you invest in this duplex?Price - $300,000Mortgage - $2,300Down payment - $30,000Both sides will potentially rent out for - $1,300Let me know if I’m missing any numbers that helps you make a better decision. I’m...
I’m in the process of buying two vacant lots in FL. I have to transfer them from an LLC with multiple members to another LLC. Essentially, I’m buying out my partners and transferring the lots to my own LLC.1.Do I need...
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HI everyone,I currently have one single family home investment that is currently under my own name. In the next few months I am planning on purchasing about 5-6 more single families out of state. I have heard differ...
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I'm working on an office/warehouse investment property that I will lease to 5 tenants - the building is currently 100% leased. Here are the details:
$425,000 Price
$106,250 Down payment (25% cash + 75% ...
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Due to unfortunate situation my friend was been left a home from her father in Colombia. We want to know what type of tax or fees would be charged once we sell the place or inherit it? She thinks its worth about $40,0...