19 November 2024 | 6 replies
It is reasonably priced per property and seems that it has been created by engineers specifically for properties worth less than 1.2 million and has audit protection.

23 November 2024 | 38 replies
Then ask about their experience working with remote investors specifically - you want someone who's great with virtual showings and detailed walkthroughs.

19 November 2024 | 8 replies
@Heidi FahringerReal Estate Expertise - Are they familiar with real estate-specific tax strategies, such as depreciation, 1031 exchanges, and write-offs for repairs, property management, etc.?

19 November 2024 | 5 replies
Are there specific networking events or forums within the BiggerPockets community that you recommend?

19 November 2024 | 7 replies
We purchased a property in early October and are placing it in service this week (mid November).We had intended to run a cost segregation study and try to accelerate depreciation which we can deduct against our W2 (assuming material participation).However, we have been reading through the IRS guidelines (eg publication 946 on Property Depreciation) and there seems to be the concept of "short year" which would mean that we can only deduct ~1.5/12 of a year's worth of depreciation in 2024.Is this correct or are there any different rules for STRs specifically?

20 November 2024 | 3 replies
you say youre in central coast maine, is that a specific city or a region?

19 November 2024 | 5 replies
But, that is not always the right answer and you should speak with someone familiar with your personal situation to get advice specific to you.

23 November 2024 | 15 replies
There's a nexus of factors tied to the LLC lending question worth noting.Typically we use a specific type of private business-purpose note that enables LLC lending.Other benefits of this note include: No Income Verification, No Credit Reporting, LLC Liability and Privacy protection, Unlimited Number of Loans, Far Less Documentation,... many obvious and non-obvious reasons savvy investors run this route.These notes are also competitive with FHA/VA/Conventional interest rates; however a 15-20% minimum down payment is required.Happy to help you cover the bases.

20 November 2024 | 18 replies
I'll head into the zoning office tomorrow, probably better than attempting get my specific questions answered over the phone.

18 November 2024 | 5 replies
The issue I have and would like to hopefully get some advice on is the below:In real estate specific tax strategies - it is my understanding that I would be able to generate significant “losses” through the use of bonus depreciation and other strategies.