Edward Heath
Balancing a personal home build and starting a rental business
25 December 2024 | 2 replies
I am not sure what type of real estate investing you're considering, but it sounds like, with your family and busy job, you won't have a lot of time to be hands-on or personally involved.
Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciation.
Sergio P Ramos
New development pitch.
12 January 2025 | 20 replies
Quote from @Sergio P Ramos: Update:I've been really busy since my last interaction.
Argel Algura
Out of state investing and creative deal making as a newbie investor 1 year in
27 January 2025 | 4 replies
Amen to this, thank you for the suggestion.Yea I've taken on the risk of not having a day job and building a business, it's pretty stressful and you're building out of necessity instead of passion.
Monish Anand
How to find the best Real Estate Agent
10 January 2025 | 13 replies
Most of the time a newer or unsuccessful agents will host open houses as they build their book of business.
Julian Zamora
How do I pass the NMLS SAFE Mortgage Loan Originator Test?
10 January 2025 | 7 replies
I also treated studying like a full-time job.
Monica James
New to the BP community
17 January 2025 | 4 replies
Usually will work in GA, NC, OH, TX or FL areas.I am always willing to take advice from experienced investors on topics I may be unsure of and I am also able to provide my own perspective on topics I've studied, have been through or just my opinion in general.
Niklas Zhu
Cost segregation recapture on a teardown property
27 January 2025 | 2 replies
If a cost segregation study was performed, the accelerated depreciation may further reduce the property’s basis, potentially increasing taxable capital gains when sold.Depreciation recapture will occur when you sell the personal residence, so it’s essential to keep detailed records of all depreciation claimed while the property was used as a rental to ensure accurate tax reporting at that time.This post does not create a CPA-Client relationship.
Francisco Solano
Business Partnership Detailed Agreement
30 December 2024 | 3 replies
Quote from @Francisco Solano: I suggest you ask a business attorney in your state for this basic template.