After you use all your savings to cover your down payments for rentals an get your money back after you refi on those an put that into other rentals.... how do you buy more houses when you have no more cash? Private $...
I'm seeking advice from other investors and attorneys. I am an investor in Texas, and I've been presented with an evergreen contract from an attorney I was planning to work with for ongoing projects and advice. It req...
Can someone please explain what the use of depreciation expense or depletion on a rental property is? I understand how the number is calculated. I'm a little unsure of the tax implications and how that works. It ju...
When lenders are instructed to add back depletion and amortization to a lenders bottom line to judge actual income what do these last terms mean?
Are you guys familiar with banks who have asset depletion programs? I know TD bank has a program that's competitive. I'm looking to call a few banks that offer these programs tomorrow.
Thanks
I’m trying to understand the terms of these construction loans to build a duplex and choose the better option ASAP.
Loan 1: Loan Amount: $525,000 - $75,000 funded at closing (less fees and reserve), then 6 draws of ...
HELP!!! I have a loan maturing in February and I'm out of money for the Flip because it went on way longer than it should have and the last thing that is needed is a roof estimated at about $8800. I got this fix and f...
Hi BP,I was just wondering if any of you savvy investors could offer up some advice on buying and holding properties using conventional loans without depleting cash.For example, if one were to have $50k in the bank an...
I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Hello! My husband and I are active real estate investors and both left our corporate jobs in the last two years. Since we haven't been doing this for 2 years, we won't qualify for a conventional mortgage. We're starti...