Pratik Patel
New to the Investing
26 January 2025 | 2 replies
I'm Pratik Patel, a healthcare professional excited to join the BiggerPockets community.
Michael Overall
Utilities and Interest during remodel Basis or year deduction
21 January 2025 | 10 replies
The first is that there's no consensus between tax professionals, and the second is that you will not like my personal interpretation.My interpretation is:Until the property is "placed in service" - everything goes into basis.Illustration.You buy a property July 1st.You finish rehab November 1st and put the property on the market.Your tenant moves in January 15th.The property was placed in service November 1st, and it does not matter that the tenant did not move in until the next year.Everything paid between July 1st and November 1st, including interest and utilities, goes into basis.
Chris Magistrado
Do Real Estate Agents work Remote?
23 January 2025 | 9 replies
A non-franchised Broker with six agents won't have professional training and resources, so a new agent won't be trained as well and will struggle to get started.
Tristan Kelly
First MF purchase in Cleveland OH
29 January 2025 | 11 replies
Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?
Shawn Questa
Hi all, Looking to Connect in North Dallas
29 January 2025 | 2 replies
I am currently focused on Wholesaling Real Estate Deals in the North Dallas and DFW areas.I am eager to Network with fellow Investors and Professionals in the area to explore Opportunities for Collaboration.
David Woodside
500 hour rule - material participation
15 January 2025 | 12 replies
Real Estate Professional = 750 hours and more time on real estate than anything else.
Robert Spiegel
Security Deposit Deduction: What is reasonable for cleaning
21 January 2025 | 10 replies
My lease requires professional carpet cleaning, which would cost more than $500 for a home of that size.Yes, it's reasonable to reduce the cost because she was such a long-term tenant.
Max Martynenko
Glad to Join the BiggerPockets Community!
18 January 2025 | 8 replies
I’m a professional civil engineer with years of experience in construction and entrepreneurship.
Mark Forest
Matt Scott
20 January 2025 | 9 replies
Matt Scott, Incite Venture Capital and his team can be summarized as follows: over priced, non responsive, non professional agreement breaking, chip on their shoulder and otherwise a bad investment.
Caryn Fischer
Tax question with selling a house
22 January 2025 | 4 replies
Readers should seek professional advice.