What Is BPCONBPCON [The BiggerPockets Conference] is the premier annual gathering for real estate investors, bringing together industry leaders, seasoned professionals, and newcomers to learn, network, and grow.

Looking to connect with fellow investors, developers, and professionals who are interested in leveraging design to maximize their real estate ventures. 

My passion lies in expanding my portfolio of long-term rentals and diving into property flipping as I grow in this journey.My main goals are to connect with like-minded investors and professionals, share experiences, and soak up as much knowledge as I can from this incredible community.If you’re based in Georgia or working on similar projects, I’d love to connect and hear about your journey!

Always underwrite conservatively Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

However, you can defer taxes under §1033 involuntary conversion if you elect to reinvest the proceeds into a similar rental property within two years (three years if the government condemns the property or threatens to do so, and four years for a principal residence in a federally declared disaster area).To reduce taxable gain, consider:Electing §1033 treatment and reinvesting the full $300K into a new rental property to defer taxes completely.Partial reinvestment, where only the portion not reinvested is taxable.Properly documenting all replacement costs and property details to ensure IRS compliance.Using cost segregation on the new property to accelerate depreciation and offset future taxable income.Since the §1033 election must be made, consult a tax professional to ensure compliance and maximize deferral benefits.This post does not create a CPA-Client relationship.

Going live as a STR in 2 weeks Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Use the professionals and ask a lot of questions.  

Did you work with any real estate professionals (agents, lenders, etc.) that you'd recommend to others?

Hello everyone,I’m expanding into the Chattanooga market and looking to connect with experienced professionals to help with upcoming projects.