Johnson Best
Any mainly investors agent in Tampa, FL?
19 June 2024 | 12 replies
@Johnson Best If you haven't yet positing in the Classified section of BiggerPockets will likely result in more agents reaching out to you.
Staton Jobe
STR Taxes: Rules for expensing taxes/insurance/mortgage interest
18 June 2024 | 9 replies
My CPA is telling me that because we used it for 14+ days for personal use then it is classified as a vacation/second home for the year and the expenses get prorated for only days that renters are actually in it.
Keivan Cross
Seeking Wholesalers in Cleveland, Ohio
18 June 2024 | 18 replies
Currently sourcing off of MLS and a few wholesalers but very cautious there Check the BP Classifieds, I have a ton of stuff there.
Butch Greene
Financing a Duplex that's leased through May 2025
17 June 2024 | 4 replies
Great investment getting ahead of the college housing expenses and putting the equivalent rent money to work..If the property is generating income it can be classified as a 'second home.'
Ernest Fox
Looking for some feedback on STR opportunities in Pigeon Forge/Gatlinburg TN area
17 June 2024 | 6 replies
I will need to self manage through VRBO/Airbnb in order to help classify the income as active income so that I might be able to right off the accelerated depreciation against W-2 income.- I have about 150K available for a down payment, any suggestions on the type of property to target (cabin, condo) if the goal is to be around cash flow even?
Nicolas Tow
Taxes on new build single family home
17 June 2024 | 2 replies
Your gain / income on the sale would beSales price less cost to purchase the lane, less the cost to build the property, less improvements less costs to sell plus the depreciation taken on the property.Whether the gain is ordinary or capital will depend on whether you are classified as a dealer.
Collin Hays
Smokies "hiney showing" thread
22 June 2024 | 129 replies
No one west of the Mississippi is heading there for vacation, but there are way more people to the East than the west. while you may classify it as a “regional park” it gets as many tourists as the next three most visited parks combined.
Henry Clark
Self Storage- Selling Process
17 June 2024 | 3 replies
Did one over in the Classified sections.
Priya Gohil
Help Picking a Market
18 June 2024 | 14 replies
Those were the ones that I would classify as "cash flow" properties, a bit more, since the markets were a little weaker than those directly adjacent to my neighborhood.
NA Morris
How to sell land in floodway
14 June 2024 | 5 replies
In my area, floodplains are often classified as Open Land or Agricultural.