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15 November 2024 | 6 replies
Non-US citizens can have LLCs in the US which will allow you to have a business in the US, pay taxes, and comply with laws.
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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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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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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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20 November 2024 | 45 replies
Mandating how a product/service is conveyed to the public NEVER works to lower cost of goods to public, EVER.
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22 November 2024 | 1 reply
its those dreamers that get hoodwinked by fake lenders that tell them what they want to hear just to get some non refundable due diligence money up front on deals they know will never go because the borrower is as you describe or the property aint worth it.
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19 November 2024 | 1 reply
Investors buy shares and earn returns through dividends and potential stock price appreciation.You typically can’t lose more than your initial investment with publicly traded REITs.
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20 November 2024 | 15 replies
NMLS Consumer Access is a fully searchable website that allows the public to view information concerning state-licensed companies, branches, and individuals licensed and registered through NMLS.
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22 November 2024 | 15 replies
If it's not, communicate quite clearly with them That their issue is a non issue.
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21 November 2024 | 12 replies
I think a lot of people like using the platform since even the primitive sites offer more space and privacy than a 'typical' public campground where you can hear the next guy snoring.