Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Tinia James Made no profit this year should I still file taxes?
20 December 2024 | 9 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Chandra Faulk How long does it take to find a qualified tenant?
27 December 2024 | 19 replies
It may be time to refresh the photos in your advertisement and offer a move in special with a reduced first month rent. 
Cheryl J McGrath Seller financing options
10 December 2024 | 6 replies
I don't know your state but I suspect you would be breaking some law, as you are likely unable to legally market something you don't own or have use and possession rights.
Lauren Cartmell How to find a knowledgeable agent to sell my occupied investment property
18 December 2024 | 13 replies
Hey Lauren just sent you a connection request, I'm an agent here in the DFW metroplex and specialize in working with investors.
Michael Plaks RANT: Preparing/Planning/Guessing for the 2nd Trump Tax Plan
19 December 2024 | 13 replies
The other reason tax bills get stalled in Congress is that most bills combine multiple unrelated measures, usually serving various special interests.
Pat Arneson Wholesalers Holding and Flipping vs. Assigning
16 December 2024 | 3 replies
They could have particular styles or things that they specialize in and wholesale the rest. 
Josh Herman Hey BP -- Nationwide wholesaler (sourcing properties) with a few years experience.
16 December 2024 | 1 reply
I was determined and wanted something that I could sustain for the long term for my family's livelihood and control the effort I put in and the results I got from that effort.I specialize in sourcing properties for fix and flip investors nationwide (wholesaling, but with real-world experience and closed profitable deals for myself and my investor partners) with a roadmap to acquire rental properties as finances permit.A lot of our deals are currently coming through organic search as I have a background in substantial traffic generation through search engine optimization and organic means.
Melanie Baldridge Bonus depreciation ?
16 December 2024 | 0 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
Melanie P. WARNING - Justin Goodin is Operating as Goodin Development
23 January 2025 | 30 replies
What qualifications do you believe you possess that would make you a good candidate to advise others on the quality, safety and performance of potential investments?
Harrison Jones Building a Long-Term Affordable Housing Strategy
31 December 2024 | 20 replies
However, part of our strategy is to build a property management company that specializes in working with subsidized housing programs.