Michael Overall
Utilities and Interest during remodel Basis or year deduction
21 January 2025 | 10 replies
Quote from @Michael Overall:I understand the utilities will go to basis, on the interest is it able to be yearly deducted based off the conversation you referenced if using form 4952According to one of my colleagues on that thread - yes.According to court - no.
Cameron Marmon
Did I mess up when establishing this LLC for my wife and I?
26 January 2025 | 10 replies
As Michael mentioned you just need to respond to the IRS and state this is what you're doing.
Kerry Hermann
New to the Northern Alabama market
20 January 2025 | 12 replies
@Kerry Hermann - the posts by @Michael Ewers and @Samuel Coronado were solid advice (I don't know Nita Cook whom Sam referenced, so that's the only part of his post I can not comment on).I second what Michael said about the market here - it was fantastic from 2017 (when I started) through 2022 - then it really started to crater in 2023 (although we still found some deals), and the bottom completely dropped out in 2024 (found one small commercial deal and one residential flip deal in 2024 - that's it).
Stephanie Medina
Is it a bad idea to convert this LTR into a STR?
26 January 2025 | 17 replies
Then based on @Michael Baum's suggestion, I think I will have my cleaner and/or maintenance person do monthly/quarterly maintenance like using using enzyme based cleaners, grease fighting drain treatments and hot water flushing.
Michael Ewers
Marketing Strategy Off Market Leads
12 January 2025 | 21 replies
@Michael EwersHe just replied.
Michael Reilman
Best Low-Flow Toilets?
17 January 2025 | 14 replies
@Michael ReilmanKohler and American Standard both make great toilets, but Kohler toilets have unique parts that you can't replace at Home Depot or Lowe's.
David Milanese
Wholesale knowledge please!
27 January 2025 | 9 replies
Quote from @David Milanese: Quote from @Michael Dumler: @David Milanese, oh, man.
Michael Weleski
Meet Ups/ Networking Events
27 January 2025 | 1 reply
Hey @Michael Weleski - you can check out Events and Meetups forum via this link - https://www.biggerpockets.com/forums/521
Renee Tan
How can I learn Yardi?
16 January 2025 | 9 replies
Quote from @Renee Tan: Quote from @Michael Smythe: Why do you want to learn Yardi?