Edward Toomey V
5 months using RentRedi and I HATE it
19 January 2025 | 55 replies
Free option available too.
Ryan Bono
Self Storage Conversion
22 January 2025 | 7 replies
The newest outdoor is still advertising 1st month free as they haven't filled up, and I spoke with the climate controlled owner/builder yesterday (he's a pretty big REI in the area), and he made it sound like he hadn't leased a single climate controlled unit since they opened a few weeks ago.I recently purchased a 140x45 warehouse with low ceilings and had debated doing self storage, but my market seems very saturated.
Anderson S.
Stop Overpaying Taxes! 5 Insider Tips for Real Estate Investors
10 January 2025 | 2 replies
Depreciation is another powerful tool, allowing you to deduct a portion of your property’s value annually.Action Step: Keep detailed records of all expenses and consult a tax professional to ensure you’re claiming every deduction you’re entitled to.3.
Matthew Paul
L.A county California fires
22 January 2025 | 13 replies
24 dead now as of this morning.....Costs are already estimated at $250 billion, high winds returning (50-70 mph) through Wednesday.
Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
I’d recommend a consultation with an attorney specializing in these, in addition to an accountant.
Anna Nickens
Advice for a Newbie
23 January 2025 | 5 replies
Start with BiggerPockets Ultimate Beginners Guide (free).
Keith Angell
Seeking Advice on Financing Future Rental Property Projects
27 January 2025 | 11 replies
I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!
Nicholas Dillon
Taking additional cash from a 1031 exhange
7 January 2025 | 3 replies
The IRS views it as taxable income because it’s not being used for the purpose of deferring taxes under the 1031 rules.For example, if you sell a property and only use part of the proceeds for the next investment, the leftover amount (after paying transaction costs, etc.) is taxed.
Jake Bute
How to track time in business to accommodate 500+ hours?
9 January 2025 | 7 replies
Consult your tax professional: while podcasts are great, make sure you have an existing relationship with a tax professional you can trust.
Mike Francis
Has anyone had experience working with Boostly?
28 January 2025 | 5 replies
Especially for the cost.