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9 May 2024 | 6 replies
@Jake Fleming you should speak with an experienced attorney about raising capital legalities, so you don't get yourself in trouble with the SEC.Once you know what you can and cannot do, you should use the Classifieds Forum and also post on Facebook, etc.
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9 May 2024 | 25 replies
I certainly would not classify my offers as great deals for me but they are in a new market where I have few contacts and no special relationships.
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7 May 2024 | 28 replies
Let's not forget who's already sitting at the head of the table of the Classifieds here on BP.
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5 May 2024 | 6 replies
Furnishings, such as the $35,000 you spent on furnishings, would generally be considered personal property rather than real property and would not be included in the cost of the property.In a cost segregation study, the goal is to identify and classify the various components of a property as either real property (land and buildings) or personal property (furnishings, equipment, etc.).
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5 May 2024 | 2 replies
It belongs in the classifieds section.
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5 May 2024 | 2 replies
While this may exempt it from being classified as a rental activity, active participation remains a requirement, necessitating compliance with three tests: spending 500 hours on the property, dedicating at least 100 hours (and more than any other participant), and performing all the necessary work needed.Additionally, long-term viability and consideration of depreciation recapture are important concerns.
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4 May 2024 | 1 reply
It reminds me regularly to classify my drives as personal or business.
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6 May 2024 | 30 replies
If the listed concerns are as bad as it gets, I'd hardly classify the work as shoddy.
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3 May 2024 | 2 replies
@Alex U. are you looking at commercial comps since this would be classified as a commercial property.
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1 May 2024 | 5 replies
@Kaleb Ahonen May make the most sense to post in the classified section of BiggerPockets.