Bob Dole
Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Quote from @Bob Dole: All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, front load (vs. just a straight line over 39 years) -save money on taxes because of the depreciationCons: -if I sell the property, the recapture will be larger -not recommended if you flip propertiesSo hypothetical situation:-Majority of our income is W2 based, let's say it's $500k-Net income from commercial rental is $100k-Income from dividends and interests is $100k-Both of us are full time W2, so non-prof real estate (but this can change -- please see below)So we're hypothetically grossing $700k a year.
Chris Cox
Long time learner - jumping in!
17 January 2025 | 7 replies
It is hard and will be a full time time job to do it right.
John ONeill
Confessions of a First-Time Flipper: What I Wish I Knew Before I Started!
13 January 2025 | 11 replies
I would like to get into the flipping game, buying a house in the market wherever she can get a contract in, and my full time job is to flip the house.
Elvon Bowman
First time acquisition
16 January 2025 | 12 replies
And given syndications are a marketing game more than a real estate game, it begins to give you real marketing content to share with the world to help drive new leads for future deals.
Yehuda R.
Renting My Property to Traveling Nurses. Seeking Advice.
8 January 2025 | 5 replies
You may be full for three months, then sit vacant on some rooms for three months or more.
Pixel Rogue
Unique damages from exiting tenant…
30 December 2024 | 5 replies
Everything resolved as good as could be expected w/o court (albeit full renovation was needed.)
Zach Howard
Class C: Personal loan for 200k, should I use it for multiple down payments, or...?
9 January 2025 | 44 replies
I often look at them and think if they can do it, probably I can have some level of success too.Other key info I may have left out above:1) I am not in the US, and have no plans to visit or move there2) I am not a US citizen, but possibly have a credit history there (maybe none) since I attended university there many many years ago3) I am completely new to real estate - I've been reading crazily and consuming lots of content.
Esther Iroko
Tenants not paying rent
3 January 2025 | 13 replies
Telling them they have 10 days to pay in full otherwise I CAN take them to court to evict.
Otis Clayton
How do closing agents fund private money deals?
15 January 2025 | 15 replies
Another thing to note is that if you’re self employed with no full time W2 outside yourself and a spouse a solo 401k is exempt from UBIT on leveraged real estate.
Frank Pyle
Seeking Advice on Financing an Airbnb/Short-Term Rental
12 January 2025 | 10 replies
With out that, there is no proof that it will perform.Do you have a full estimate and plan for 3 years on the property?