I got a call the other day from a cost segregation firm. He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year. This is due to taking advantage of bonus depreciati...
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Okay, so I just posted back a couple of months ago regarding a 3 bedroom single family I bought on July 15th. But, I had the opportunity to buy a 3 bedroom townhouse.This deal actually started back in May! I visited...
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Sorry this is a long one:Contemplating doing a new simple Shingle overlay on a rental property roof. In other words, not doing a tear off of the old Shingles just laying a new layer over the old. I have a guy who has ...
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By sheer force I've learned the hard way where you can, cannot and should consider purchasing a permittable vacation rental on the Oregon Coast. Partially by circumstance, albeit those that I created, I will confident...
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Hello, new friends! I am an owner-builder, working with my father on an ADU in SF Bay Area. The only parts we hired contract labor for were foundation and electrical, rest is DIY. We’re moving on to the inside work,...
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Hello,So I was wondering, I noticed that there are a lot of mulit families built in the 1880s - 1920s and I have not seen any new constructions for a multi family property in Rhode Island. Is there a reason for this? ...
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Hey all,
I'm looking at a 10 year NNN ground lease deal for a buyer. What happens if at the end of the 10 year term, the LL and Tenant can't come to agreement with terms? Is the LL forced to come to terms? Wha...
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Good Evening All,We looked at a listing today in Providence that was listed as a 2 family but has 3 units, there isn't anyone living in the 3rd unit. The third unit and the 1st unit share an electric meter however th...
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Hello,I am really struggling when it comes to the rules and regulations when it comes to zoning, and new home construction. For example there is a piece of property nearby that sits on a 35000 sqft rectangular piece o...
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I'm under contract on a SFH in South Florida, and the carport was converted to an extra room, which I think is fairly common. I don't think the owner ever got a permit to do this addition. Eventually I would like to...