Albert Gallucci
is it too late to get rich slow at 61
20 January 2025 | 3 replies
You kind of have to pick a lane - do you want income or 4 units in 4 years?
Alex Minter
New to Real Estate Investing
23 January 2025 | 23 replies
Our goal is to have a short term rental business and build it over the next several years.
Anthony Chan
Sold my rental condominium (~15 years in service) - DO I NEED FORM 3115 ?
7 February 2025 | 5 replies
Your starting depreciable basis should have been the LOWER of what you paid or the FMV in 2010 when you converted it to a condo.
Tom E.
Furnishings Tax Question
27 February 2025 | 9 replies
That depends.High quality vs lower qualityNew vs used.A mix of both.Could be $30k for good quality new stuff.Your CPA can tell you what you can deduct and what you have to depreciate.
David Rutledge
HELOC for investment property
7 February 2025 | 13 replies
Lots of restrictions and tight underwriting on these.
Stefan Schmidt
Tax Question - Did I do landscaping repairs or create a new asset?
18 February 2025 | 2 replies
A new furnace is an asset.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
When you charge under market rent, the IRS deems that you do not have a profit motive and, therefore, disallows all rental expenses.
Benjamin Jones
Is anyone investing in Japan?
25 January 2025 | 24 replies
I can connect you guys, if you're interested in real estate shop-talk.
Joe S.
Who deserves a vote?
3 February 2025 | 1 reply
Over the course of using Bigger Pockets I have had very degrees of opinions on who I should vote for concerning a post.When I first started using Bigger Pockets, I was too naïve to even think of voting for someone that took the time to answer one of my post.
Gokhan Tektas
Prior Year Passive Losses & REP Status
23 February 2025 | 4 replies
If a grouping election is in place the lisses apply to the grouped activity as a whole.