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26 November 2024 | 127 replies
That would be very beneficial.Also as it turns out the Durham meetup was a zoom call for members only so I did not get an invitation, before this Covid pandemic started the meetup was intended to be in person with non members paying a small fee to get in rather than a large fee to become an immediate member.
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25 November 2024 | 7 replies
The majority of investors I work with after using this form more or less break even on the rental business which makes it a non event and very little impact to your debt to income ratio.
22 November 2024 | 2 replies
Hi all, turning over an apartment and it looks like tenants non-slip adhesive bathtub stickers have removed a layer in this tub.
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20 November 2024 | 3 replies
It seems a bit far and no reliable public transportation.thanks again!
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19 November 2024 | 7 replies
We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?
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19 November 2024 | 26 replies
So, non GLA living space still needs to be assigned a value.
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26 November 2024 | 10 replies
Any insight on neighborhoods to target for LTR, or lakes to target for STR (open to non lakes as well).
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18 November 2024 | 1 reply
We want a camera system that:1) Connects to internet for remote monitoring via an office computer (not just a mobile device)2) Has motion-sensor alerts3) Records to the cloud, so a thief can't disable/steal the camera to hide their identityWe plan to remove these cameras once a property is rented and reinstall at the next vacant rental.Wi-Fi connection to internet is possible, but we'd also like to look into cellular connections to internet.What suggestions do you have please?
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21 November 2024 | 6 replies
I believe this situation was handled in a way congruent with BiggerPockets values and ethos - information was discovered, we gave the user in question an opportunity to respond publicly to the allegations, other members of the community chimed in to make comments and ask questions of their own, I made the decision to close the post because I believe many of the top viewpoints were discussed and I didn't want it to turn into shameless trolling with no additional value, that whole thread remains up for community members to view into the future for transparency and anyone who reads it can form their own opinions with the information presented.
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22 November 2024 | 15 replies
There could also be increased ongoing costs for upgraded internet, cable TV, etc.2.