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Results (10000)
Amanda Preston Subdivided land- tax
1 April 2024 | 1 reply

Hi all!
Purchased 20 acres of bare land in 2021. Subdivided it into 2- 10 ac parcels. Sold first parcel over a year later in 2022. Sold other parcel in 2023. Did minimal work on them, added driveways to each and that...

Dwayne Jones Do you think appraisers typically make fair reports?
15 August 2016 | 7 replies

I"m just curious. Do you think appraisers typically make reports strictly from data or do you think personal bias play a factor. Example: most sales data for a house is public record and do you think you get the same ...

Owen Thornton Down payments on a line of credit
13 January 2022 | 5 replies

I have been reading a lot about creative financing and funding loans through other methods than just paying the 20% down payment. I have been quite interested in how some people use credit cards and small personal loa...

Thadeus Frederick Hard money strategy for rental property
5 May 2017 | 3 replies

Hello BP, I am a newbie and am in search of my 1st rental. I had some few idea for acquisition due to the fact I do not have much credit. I was wondering if a hard money lender will find the purchase price, is refinan...

Stan C. 1099 from Management. Box 1: gross rent or net rent?
28 January 2020 | 7 replies

Hi all. I received my first 1099-INT from a new PM. It has only one box filled in - box 1 - with a sum equal to gross rent received by them from tenants. Should it include net rent which takes into account losses due ...

Mona B. “Acquisitions specialist”; an “Asset Manager”??? …don’t know : /
16 June 2022 | 12 replies

Hi! I’m hoping to receive some guidance on the following as it’s been difficult to figure out:
What would the role or title be of a person that completes preliminary analysis of multifamily / commercial properties (i...

Leo Young Can offset gains from stock sale with RE depreciation as a real estate professional?
7 December 2023 | 2 replies

Can you offset your capital gains from a stock sale with your depreciation from real estate if you're a real estate professional?e.g. If you get a lot of bonus depreciation from performing a cost seg on a property, ca...

Patty Mac put siding on in 2023, but paid in 2024
8 October 2024 | 4 replies

I'm doing my 2023 taxes (late) and we had some siding and gutters put on in Fall 2023, however we did not pay for it (~$13,000) until summer 2024. Do I record this in my 2023 or 2024 taxes?  I know it is a capital imp...

Kris Bennett Rates of Return and Underwriting
9 March 2020 | 4 replies

Cap rate, cash-on-cash, NPV, equity multiple, IRR...Can anyone recommend a good source of information on using these rates of return when underwriting deals? I've found a few but I wanted to know if there is a good we...

Brandon McCombs structuring accounting and tax receipts for single dwelling with multiple addresses
19 July 2014 | 3 replies

Hello,I'm closing on my 2nd property next week. It happens to be a 9 unit building, 2 units of which are commercial. It is situated at a 4 way intersection. The 2 commercial units have their own addresses (313 and 317...