Hey all, thanks ahead of time for advice.  I have an apartment I'm repositioning currently.  I purchased it for $1,045,000, cap ex is $170,000.  ARV appraisal was done pre-closing @$1,350,000, which would put the in-p...

Hey everyone!  I know the power of this forum as I've made a few friends in other parts of the country through here- so I'm excited to be back on the scene.  I've taken a few years off because of my W2 job, but I'm re...

Are there any specific rules for saving/Accounting for Capital expenditures? I want to get a better understanding of how much should be put aside each month for Cap Ex. Also if it is possible is there an example that ...

Hi, I am new to this forum and looking for some advice on our current situation.  We have a home in MA that ended up becoming a rental property in 2008 when our jobs brought us out of the country.  We now own a town-h...

Hello all,I'm a realtor working in Los Angeles with a goal of moving into investing.  I connected with an investor recently who has a small business flipping houses in the area.  I was able to bring him an investor wh...

Is it possible to write off 100% of the repairs/improvements in the first year instead of taking it over a longer term? I put about $70k into a buy and hold this year and would like to write it all off. I understand t...

I am under contract for a .78 acre parcel in Payson, Arizona. The lot has a water meter and utilities close by - most importantly it’s in a small community that has no restrictions against short term rentals and the c...

Hello BP, recently I picked up a really cheap property here in Ridgeley Wv, right across the river from Cumberland Md. I plan on selling it once I get it cleaned out, since I don't have the capital to get it in rent c...

Hi,

I've heard that real estate is a decent tax shelter because it allows for a lot a tax write-offs: mortgage interest deduction, building depreciation, deferring capital gains through 1031 exchanges etc.

I'm less...

I'm doing refi-cash out on my rental properties that have equity accumulated over years, given house values good and rates are decent, I want to get money out and use for future deals (probably this or next 1 or 2 ye...