Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
I'm not sure if we can like to articles on our own websites here, so to be safe I'll just suggest the IRS web page, which does do a pretty good job of explaining the basics: https://www.irs.gov/taxtopics/tc510The main thing to know if you're going to claim business miles is that you do need to keep a log of every business trip.
Martti Eckert
Long Distance BRRRR in Ohio
17 January 2025 | 22 replies
- flipping is a job, stop flipping and stop making money.
Ilina Shrestha
First time investor- lost & confused
17 January 2025 | 5 replies
Yes, Oklahoma is a great market to consider, especially for multifamily properties:Affordability: Oklahoma City (OKC) and Tulsa have duplexes and small apartment buildings within a reasonable price range.Landlord-Friendly Laws: Makes property management less stressful.Stable Cash Flow: Properties in Oklahoma often meet or exceed the 1% rule, providing consistent rental income.Growing Economy: Both cities are seeing population and job growth, boosting demand for rentals.Tips for Getting Started:Do Your Homework: Use tools like BiggerPockets calculators to analyze deals and ensure cash flow.Focus on Neighborhoods: In OKC, check areas like Yukon, Edmond, or Midwest City.
Jonathan Grzeszczyk
Negotiating within wholesaling
29 December 2024 | 5 replies
Quote from @Jonathan Grzeszczyk: Soon I am taking a job with a wholesaling company on the acquisition side of the deal.
Kyle Cross
Is investing with family inheritance a good idea?
6 January 2025 | 8 replies
Get a paying job with the 40 hours you free up.
Lindsey Buxton
16% Projected IRR? Our LP Panel Digs In
31 December 2024 | 3 replies
@Paul Shannon Great job asking about the fee structure.
Sean Dunbar
Looking for advice to invest 965k of equity
16 January 2025 | 4 replies
Are you wanting to replace your job and do REI fulltime or just part time investing, or?
Christian Hwang
Advice for a New Out of State Flipper
1 January 2025 | 22 replies
I had more than one contractor do a great job on the first and then go downhill from there.
Daniel Schiller
GovernmentAuction.com - experience?
19 December 2024 | 24 replies
People selling dreams really, not so much anything usable.
Unal Baris Kancoglu
HVAC is red-tagged. Need to replace it as quickly as possible.
15 January 2025 | 11 replies
That can be tough when it's a one-off job or you only have one rental.