Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
@Troy SmithThe advice you received is correct.
Kyle Kulhanek
Retitling a property to an LLC - Chicago
23 January 2025 | 7 replies
Converting your condo into an investment property and transferring it into an LLC is a smart move for liability protection.You’re correct that retitling the property involves Chicago’s transfer tax, which can be substantial.
Michael Martin
Hello BiggerPockets! New PRO here
11 January 2025 | 2 replies
Asking in the correct forum will get a better response.Read the RULES!
Max Smetiouk
Amenity ROI debate
24 January 2025 | 10 replies
Most people don't know how to use a wood burning fireplace correctly - operating the damper, not closing the damper until the fire is completely out, going to sleep with the fire or coals still burning.
Charles Roberts
Who owns short term rentals in Japan?
24 January 2025 | 5 replies
Mike Lambert above is correct about house values in Japan.
Bob Asad
How do you prevent co-mingling of funds?
7 January 2025 | 24 replies
@Chris Seveney is correct, security deposit claims only arise if the funds are not returned.
Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
@Bob Dole please tell me you have a CPA and you're simply educating yourself so that you can verify what he is saying is correct?
Eli Fazzo
Real estate investing in South Carolina: Worth it at 6% property tax?
30 January 2025 | 35 replies
@Jay Hinrichs you are correct and that is the difference in 41,888 post and my 1,444 post. :)
Denise Carringer
Owner financing payment tracking app?
21 January 2025 | 18 replies
I assume the lender pays for it, correct?
Cathy Svercl
Rent credits for cleaning & painting by future Tenant
15 January 2025 | 8 replies
They normally do a very poor job that will have to be corrected later - drips on the floor, doors walls and molding, poor job of cutting in, bleed through on the walls.