Tamas Z.
How to determine cost basis (for depreciation)
Hello,I have a newly-purchased residential rental property, and I'm just now setting up my financial tracking for it.What's the correct number to use as the original cost basis, for depreciation purposes? I'll be spli...
Tyler Divine
*Tax Pro Question* One year clock on new home build?
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...
Alys Brown
1031 and FAFSA plus WWYD with investments
Experienced renovator but newbie investor + single mom with 2 kids, 9th and 4th grades. I own real estate I've renovated and all are paid off in full:
#1) primary home until mid-last year (approx $1M), market in goi...
Wilson Lin
Please help - cash pay 4plex or just invest in syndication?
Please help, I am considering an investment in a 4-unit university type housing in Col umbus . I'm not a PRO member, so I can't post the deal analysis, but here are the details:$350k purchase price$2500 in deferred m...
Christopher Hydrick
Atty/Newbie Investor in Houston, TX
Hey everyone!My name is Chris Hydrick. I'm a transactional attorney in Houston, TX. Occasionally, I get to work on some CRE deals, but spend the majority of my time in the corporate space. I spent the last 5 years liv...
Jeff M.
Salutations!
Greetings friends, comrades, and associates. My name is Jeff Miller and I am an investor operating in the Shreveport / Bossier City Louisiana market. My day job is a software / web application developer but my dr...
Logan Krutsch
Using quickbooks for financial management
Hello, I am a new investor in the Chicago area and am struggling with learning quickbooks and setting it up specifically for managing a rental business. I am not an accountant but I loosely understand how to read fina...
Account Closed
Wannabe HML
about to get out of the service and at a crossroads. I have saved up a pretty nice chunk of cash that I want to put to work. I'm trying to decide between buying my own rental properties and being a landlord, or giving...
James TenBarge
Commercial seller/owner financing network
Hello everyone,My name is James and I am a new real estate investor that will be acquiring commercial properties through seller/owner financing. I am a student veteran who is completing another degree, this time in ac...
Jeremy Holleb
How can I get a loan after being laid off despite having $230,000
Hello everyone. I was recently laid off due to COVID-19 job cuts. Just a mere month ago, I was ready to approach some banks to discuss financing a deal. I have $230,000 ready to go but I’m afraid lenders will not appr...