Arina Alexiuc
New Investor - looking for advice
18 June 2024 | 56 replies
Cincinnati/Northern Ky has both sides to this coin, but I am taking, in my eyes, the more promising way, and smarter way, to invest in better areas that don't look great at the start but go up.
Shiv Panda
Cashless Laundry Machine
12 June 2024 | 3 replies
From what I've gathered in forums, there is a trend towards transitioning from coin-operated to cashless systems.
Catherine Ding
Saudi Arabia officially shifting away from the petro dollar -- effect on RE?
11 June 2024 | 3 replies
It's opening up for "MBridge" and it opens the doors to other currencies including Crypto's and Bitcoin.
Daniel Carlyle
A Real Estate Analogy
10 June 2024 | 8 replies
A Real Real Estate AnalogyI am starting my real estate adventure and I am trying to draw a comparison from paper assets (stocks, bonds, notes, T-bills, crypto, etc.) with real estate.For those who know a bit more than me (and i know this will vary by person) but what are corresponding "tech stocks" (AMZN, AAPL, NVDA, FB, GOOG, etc.) of real estate?
Matt W.
Help me understand depreciation recapture!
12 June 2024 | 8 replies
In your case:Adjusted Basis = $300,000 - $36,364.36 = $263,635.64So, your profit for tax purposes would be:Profit = $400,000 - $263,635.64 = $136,364.36This is the profit you'd pay capital gains tax on when you sell the property.Regarding whether you're "adding to the profit" side of the equation or "deducting from the basis" side, it might seem like two sides of the same coin, but the way you account for depreciation and basis affects how you report it to the IRS.
Brittany Puzar
Basement Dig Out in Philly worth it?
11 June 2024 | 5 replies
Now the minimum standards your basement has to hit for it to be able to count as assessed sqft not estimated is a height of 7 ft, a point of egress (bilco doors) and a window usually in the rear, It's one of those things where if your going to go through the process of digging out a basement you might as well go for it and dig it deeper then 7 and closer to 8 ft so you actually stand out compared to the competition.Now the other side of this coin which I would suggest is if you're willing to spend 40-50k on a basement dig, consider adding a 3rd story addition if your a 2 story (think master suite, walk in closet, master bath) or an addition off the back and add a roof deck if your a 3 story (either master suite or just additional bedroom).
Holly Barrett
What would you do with $200,000 ?
10 June 2024 | 3 replies
; c) invest in passive multi-family REIT type situation; d) stocks (or take a chunk of the $200K at least); e) some crypto I'll report back when my books get cleaned up for more clarity.
Don Konipol
Top Ten Questions Asked On Bp That Have No Chance Of A Beneficial Answer
10 June 2024 | 35 replies
haha , the answer is different, same question being asked in twitter or biggerpockets.BP army seriously needs to invade Twitter-land to convince people that residential real estate in Ohio is worth more than gold silver ;-) all these genZ just wanna do crypto
Matthew Banks
Coin op washer/dryers that don't take coins/bills but phone pay or card, etc.?
2 June 2024 | 1 reply
Is there a recommended option for washer/dryer that doesn't require coins/bills but instead takes phone pay or a card, so that both tenants and prop managers don't have to deal with coins and bills?
Jim K.
FOUND: $642K and gold behind a water heater
3 June 2024 | 56 replies
The bucket was halfway filled with South African Krugerrands and American Eagle gold coins.