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...
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 ...
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...
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...
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 ...
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...
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...
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...
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...
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...