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21 January 2025 | 10 replies
Quote from @Michael Overall:I understand the utilities will go to basis, on the interest is it able to be yearly deducted based off the conversation you referenced if using form 4952According to one of my colleagues on that thread - yes.According to court - no.
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27 January 2025 | 0 replies
One challenge was getting the hotel occupancy up after renovation since no one had booked or stayed in years so there was no existing guest base.
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2 February 2025 | 8 replies
Most lending is based on cashflow, not the 2% rule (although still a good rule of thumb for some types of investments), might have the most help from the group if you provided some of those details here just so it'd be easier for us to help you best.
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26 January 2025 | 4 replies
Hello BiggerPockets Community,My name is [Your Name], and I’m based in Orlando, FL.
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22 January 2025 | 9 replies
As the state capital, it boasts a strong government and military presence, supported by the nearby Air Force Base.
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27 January 2025 | 6 replies
of those I like next door best because it is hard to fake and the reviews are easily tied to a reviewer in your community.The costs of ADUs vary significantly for various reasons including by ground up vs conversion, difficulty with lot (sloes, access, etc), finishes, and even the size (bigger typically have lower PSF).Good luck
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29 January 2025 | 12 replies
Based on my reading and understanding I'd like to form my LLC in Wyoming.
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26 January 2025 | 3 replies
Hey everyone,I’m Luke, a new investor based in St.
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27 January 2025 | 7 replies
If a single-family owner-occupied property is worth $400,000 - I wouldn't invest more than $280,000 (70%) in a note secured by the property.ITV takes priority over desired yield - so even if the note discounts to $350,000 based on desired yield, the investor still won't go beyond their maximum ITV.
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5 February 2025 | 5 replies
I’m a new investor based in Kingston, NY, with a focus on the Hudson Valley and Catskills regions.