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21 February 2025 | 2 replies
Offer a personal guarantee (reduces investor risk if you have the balance sheet for a PG to be worth anything).
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22 February 2025 | 3 replies
As an avid public and private markets investor, I solely believe a person's network is their net worth.
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14 February 2025 | 12 replies
Does that fit your personal criteria for a return you'd like to get on your investment?
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6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
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20 February 2025 | 15 replies
Make sure to mention you are a BiggerPockets member as you special discounts on establishing Checkbook Control with the IRA LLC, along with personalized support.
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20 February 2025 | 7 replies
I personally own investment properties in Columbus, Ohio.
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19 February 2025 | 32 replies
or better yet, go to the market you pick in person, and talk to the people you'll be turning your investment over to in person.3. yes, you need a team.
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19 February 2025 | 19 replies
I personally am not trying to build a portfolio of 100 doors, I am trying to build a portfolio big enough to support our ideal lifestyle. - We start with the property vs. the numbers.
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7 February 2025 | 7 replies
Meaning they went into a standalone bank account (not mixed with your other personal funds).
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11 February 2025 | 3 replies
Remember there are income limits, contribution limits and other personal factors to consider.