Julio Gonzalez
Asset Classifications for Cost Segregation
7 January 2025 | 6 replies
Non-tangible property includes buildings, land or other inherently permanent structures.I get a lot of questions on which group specific assets belong in, so I put together a list to help.Non-Tangible PropertyBuilding (27.5 or 39 Year Useful Life)Land (Non-Depreciable)Paved Parking Areas (15 Year useful life)Swimming Pools (15 Year useful life)Fences (15 year useful life)Bridges (15 year useful life)Exterior Landscaping (15 year useful life)Docks (15 year useful life)Sidewalks (15 year useful life)Tangible Personal PropertyMillwork or decorative trimCarpetAir Conditioning equipmentShelving, cabinets and display racksAccordion doors and partitionsWall coveringsInterior landscapingNeon or other signsDecorative and business specific activity light fixturesGenerators, machinery and kitchen equipmentWindow treatmentsWhat other questions do you have regarding cost segregation?
John Williams
Who is the most important connection when investing out of state?
20 December 2024 | 8 replies
Real estate investing is a team sport and at different points in the game different players will play more important roles.
Pierre Garcia
New to the real-estate game. Taking my first steps through bigger pockets platform.
6 January 2025 | 1 reply
, the more likely people will respond with valuable insights.Network actively: Join local investor meetups, online forums (like BiggerPockets), and social media groups focused on real estate to start engaging in conversations.Be open to learning: Real estate investing is a dynamic field, and the more you learn, the more you'll realize there’s to know!
Leslie L Meneus
Networking? What do I do now?
9 January 2025 | 13 replies
A lot of active investors looking to learn more from the people that are doing something more than they are currently.
Jed Butikofer
No more mortgage payment, but not yet FI/RE: How should I utilize these funds in REI?
20 January 2025 | 37 replies
Stop hanging out with your deadbeat buddies who spend all day drinking, talking sports, and otherwise wasting away.
Seidy Lasker
Wash Sale Rules for Options
2 January 2025 | 1 reply
Day traders are not exempt unless they elect mark-to-market (MTM) accounting, which eliminates wash sale tracking but taxes gains as ordinary income.To manage taxes, track trades closely, avoid overlapping purchases, or consider MTM election if trading actively.
Thomas Youngman
Property Investment in Portugal
19 January 2025 | 269 replies
This seems like the most active Portugal string.
Blake McWilliams
Raising Private Capital. Tips and Tricks
5 January 2025 | 4 replies
While sophistication of your equity partners (private money lenders) will vary between residential and commercial, the principle of raising private capital is the same.You need to develop your own system which allows a constant stream of PML even when you don't need the funds and/or don't have an active deal under contract.For example; I raise private capital by offering free educational workshops for people with self-directed IRAs.
Nirek Rao
Attorney specializing in immigration + business + tax laws
1 January 2025 | 1 reply
Hi Everyone,I am looking to get started with doing rental arbitrage with my cousin who is a Green Card holder, however, I am on a H1B Visa which restricts my ability to earn income "actively".
John Lasher
Coaching for multifamily?
31 January 2025 | 24 replies
(For a lot of gurus, the education is just a top of funnel entry point for them to then have you find deals for them, invest in their deals, etc)If they are active in real estate themselves, I would ask how much they are making from their RE versus their courses?