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9 February 2025 | 3 replies
@Ross DerouenBigger Pockets is a great place to find an accountant specializing in real estate taxation.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 specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your accountant remotely to expand your options.I would also recommend looking for an accountant willing to work with you throughout the year.
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29 January 2025 | 9 replies
As far as the noise goes, I can tell you from experience that being an entrepreneur in any form can be a very lonely place.
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5 February 2025 | 21 replies
As a property manager, I also require landlords place me on their policy as "additional insured" and it extends some protections over to me.
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12 February 2025 | 9 replies
I have several clients who prefer the middle/southern part of the country so places like Memphis, Little Rock, Oklahoma or Texas.
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12 February 2025 | 3 replies
I would say if those are the true numbers, the place would have sold instantly already.Purchase of $179k and rehab of $150k to get a value of $735k is almost unheard of.Main red flag is that something else major is wrong with the property.
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11 February 2025 | 7 replies
Both Columbus and Cleveland are great markets if you have a great team in place.
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3 February 2025 | 1 reply
One of the best places to see what's out there in your area is to check Airbnb AND Pricelabs.
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29 January 2025 | 5 replies
But again, why did you get into it in the first place and do you still have those goals?
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11 February 2025 | 1 reply
It’s 100% bonus depreciation for properties placed into service in 2017-2022, 80% in 2023, 60% in 2024, 40% in 2025, 20% in 2026 and completely phased out in 2027.
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5 February 2025 | 11 replies
Kidding man.I have a 10-Unit that I'm placing tenants in now so I suspect the same diligence will be coming my way.