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4 February 2025 | 9 replies
Quote from @Gregory Wilson:As for the second, there are only about 20 monetary numbers to be entered in Turbo Tax on a single unit rental property 1065 so it always seems to me that the $3500 would be better spent elsewhere.
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31 January 2025 | 0 replies
The idea is to leverage pre-existing networks in a way that builds instant credibility and gets responses fast.If you want to implement this strategy, here’s a link to the exact resource we used:👉 Spreadsheet Link Here (just make a copy for yourself)I also recorded a short video walking through how we set everything up, but since BiggerPockets has rules against sharing that kind of content, feel free to DM me if you have questions on execution.Anyone else using creative co-living marketing strategies that are working right now?
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27 February 2025 | 2 replies
If you need more guidance, DM me, and I’ll point you in the right direction!
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27 February 2025 | 3 replies
My journey officially began at 16 years old, right after high school, when my father and I sold the house he was going to gift me and my brother to fund our first vacation rental in Cozumel, Mexico.
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22 February 2025 | 1 reply
Following the installation of a new water meter, I received a true-up for the previous underbilling.Since the meter replacement, my water usage has increased by approximately 20%, and I am now receiving monthly bills instead of the previous bi-monthly statements.
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31 January 2025 | 6 replies
It's simple enough to make a row for income, and another for expenses, and then subdivide those expenses, and add them up in the total expenses cell and then subtract the gross income from those total expenses to get my net.
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23 February 2025 | 3 replies
Everyone already knows someone who can sell them a house in the US.With over 15 years of experience combined in international travel and Airbnb hosting, I am now a full-time consultant that helps Americans purchase property and set up their businesses abroad.Me and my partner own three apartments in Croatia that I manage myself remotely.
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26 February 2025 | 7 replies
I'd make sure just how much extra tax benefit will open up for you annually compared to the cost of the study.You are exactly right - a cost seg will get deferred in a 1031 exchange as long as the property you are purchasing is roughly the same components of things that were cost segregated.
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19 February 2025 | 8 replies
If the property appraises for $300k, you can borrow up to $300k.
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23 February 2025 | 1 reply
Are they separate meters from the main home and does it have its own water / sewer lines?