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Results (10,000+)
Sam Kay Multiple Recurrent Leaks - Need advice on pivot strategies.
9 September 2024 | 14 replies
Just focusing on the tax issue for you: 1031 Exchange in 2025: If the leaks keep coming, selling and doing a 1031 exchange into a more reliable multifamily could be your best move.
Jonathan Mueller I bought Schitts Creek.....I bought a motel, now what?!?!
12 September 2024 | 59 replies
Well with it being a weekly/monthly rental situation, we dont need to clean that often, so when it does need to be cleaned, we usually have the manager do it, we include that as one of the tasks that they do in exchange for discounted rent.
Eugene Mitchell Escrow won't close
15 September 2024 | 18 replies
I bet you saved $2,000.
Casey Johnson Building my Own House, then using BRRRR
12 September 2024 | 6 replies
Best bet is to establish a heloc if you intend to borrow funds short term.
Kathy Creighton-Smith How to make the decision to take appreciation versus cash flow?
10 September 2024 | 10 replies
I would try and do a 1031 exchange.   
Ian Jeppsen Low interest vs. high cash flow potential?
10 September 2024 | 7 replies
If the property is bleeding money every year from repairs, maintenance, or turn over you'll never get ahead.You can tap equity with a HELOC (challenging right now), cash-out refinance into a new loan (much higher rates), 1031 exchange, or sell (tax hit) but the numbers and property condition need to guide this decision.
Emmanuel Ola Underwriting Inquiry: Why Downsizing from $606k to $376k Home?
11 September 2024 | 1 reply
You didn't provide the numbers, but I'll bet you have a lower ROE than the interest on a a 10-year treasury note. 
John T Shoemake Ya gotta start somewhere...
10 September 2024 | 2 replies
Reasons were many, but financially speaking, I had received a growth opportunity from my employer in exchange that I relocate to another part of the country.
Abraham Berkowitz How could I avoid paying a lot of tax on capital gains through a fix & flip?
10 September 2024 | 7 replies
 Flic and Flips don’t typically qualify for 1031 exchange tax benefits. 
Andrew C. what do you use to track FixedAssets for depreciation/amortization?
9 September 2024 | 12 replies
But when you purchase a property, your basis for deprecation is the cost of the property to YOU (except in the case of a 1031 exchange, the rules are a bit different).