Can I Deduct Remodeling Expenses for a Rental Property?
Owners of rental properties have many different tax deductions available that can help offset their rental income and potentially lower their annual tax liability.
What Is Improvement Value in Commercial Real Estate?
A property’s assessed value is calculated for tax purposes and comprised of improvement value and land value. When speaking of improvement value in commercial real estate, improvements include all accessible buildings and structures on that land, not necessarily that recent improvements have been made.
What Is a Good FFO for a REIT?
One common metric used to measure a stock's financial performance is EPS, or earnings per share. This metric divides a company's net income by the number of outstanding shares. Basically, it lets investors know the value of each share. Investors can determine the company's growth rate by looking at EPS over time.
What Types Of Costs Can Be Included In The Initial Cost Basis?
In real estate, calculating the cost basis of a property involves more than just the purchase price. It's a comprehensive value that includes the initial amount paid for the property, closing costs borne by the buyer, as well as expenses linked to any improvements made to the property (excluding any associated tax credits). Simply put, your cost basis is the original price paid plus all these additional costs, providing a more accurate depiction of your true investment in the property.
