
24 February 2025 | 8 replies
@Cameron NordinA cost segregation study accelerates depreciation by classifying certain building components as personal property or land improvements, allowing them to be depreciated over shorter recovery periods (e.g., 5, 7, or 15 years instead of 27.5 or 39 years).By accelerating depreciation, cost segregation lowers your tax basis more quickly than standard straight-line depreciation.

24 February 2025 | 15 replies
I personally never look at BP on my phone or the app on my phone but i just checked it and its still there it brings up the forum threads maybe BC I already had it ?

4 February 2025 | 2 replies
For example, they won't need to cover your personal belongings (furniture, clothing, etc.) because you won't be living there.A landlord policy should cost about the same as a homeowner's policy; it just changes what is covered.

19 February 2025 | 2 replies
If you are a person who has a full time job, or runs other companies, it is my professional opinion that you will be better served having the GC handle everything and report to you on your schedule.Once you decided to run the operation yourself, you are now employed by the development.

17 February 2025 | 4 replies
Hey BP,Looking for some great websites to use to gather information on different markets, especially OOS investing...One of my personal favorites is "City-data.com", which was also suggested to me by a fellow BP investor!

10 February 2025 | 59 replies
@Nina Erlandson Personally, I have not heard of Obie Insurance.
8 February 2025 | 7 replies
Someone to stock supplies, an appliance repair person, heating/air conditioning repair, plumber, lawn care person, carpenter, salesman, and occasionally an electrician.

5 February 2025 | 5 replies
If you need a conntection in Upstate NY I can direct you to the right person.

18 February 2025 | 4 replies
He would also be exposed to liabilities related to the property, such as lawsuits or property damage claims, which could affect his personal assets.

18 February 2025 | 7 replies
I'd be going to as many in-person networking events as possible...here is a list of the BP events: https://www.biggerpockets.com/forums/521-real-estate-events-...I have a separate list that is more encompassing that I can share as well!