Assou Mawuto Sermisoni
new member introduction
4 January 2025 | 1 reply
If you ever want to chat or need advice, feel free to reach out.
Melanie Baldridge
Bonus depreciation in 2025
7 February 2025 | 0 replies
In 2025 the bonus depreciation rate is 40%.This means that if you bought a property for $1M in 2025, did a cost seg study and found $300K in eligible assets that you could depreciate, you could take 40% of that $300K as bonus depreciation to offset your income in the first year.40% of $300K = $120K.You then apply that $120K to the owner’s personal tax rate to find the final amount that they can defer in year 1.If your tax rate is 37%, you can defer $66.6K.This is a big deal even at the 40% bonus depreciation rate this year.
Perry Lierman
Should I form an LLC?
24 January 2025 | 6 replies
It separates your personal assets from your business, providing a safeguard if any legal issues arise related to tenants or the property.
Jason Thomas
I am new and want to learn and get a deal for 2025 with good guidance
29 January 2025 | 6 replies
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Jeffery Jones
Section 8 properties
8 January 2025 | 11 replies
Don’t just focus on the voucher—focus on the person behind it.
Chrissy Grimm
Recent experience with PayRange or ShinePay?
31 January 2025 | 5 replies
I'm still in the process of finding an alternative solution but I thought I'd leave this here as a warning for others looking to make a decision.For reference, I'll just post their email response to me here:As we review your inquiry, we would like to remind you of the following key points from our Terms of Use:In no instance shall ShinePay be liable for any of the following:"Lost revenue from service interruptions.Lost revenue stemming from delays, malfunctions of any product.unauthorized gains access to your account or due to shared passwords or if your password is hacked.Destruction to properly, places, or personal injury resulting from the installation, misinstalling, or misuse of any product.Lost revenue from entering the wrong account number for ACH or other bank transfer or money transfers or due to any delay in receiving funds.Damage to your structure, machines or car resulting from use or installation of our products.Any funds collected that are paid to a person that does not own the property.Any harm from defeating the lock and technology that controls the lock to a device.Failure to properly service any product or machine."
Daniel Dubeck
Gap funding
28 January 2025 | 14 replies
It can come from a personal investor who will negotiate terms, or potentially a piece of the equity.
Bella Mcneal
New Investor, where to start?
2 February 2025 | 1 reply
Explore my personal favorites, Set For Life by Scott Trench or The Total Money Makeover by Dave Ramsey, for invaluable financial insights.3.
Jorge Lopez
BiggerPockets app change my iPhone and the BiggerPocket app ?
31 January 2025 | 42 replies
It’s an item in our roadmap, but maybe I just need to prioritize it to the top of the list in 1H 2024.Bottom line is that I allowed us to stop supporting it several years ago, in a decision I wish I could have back. honestly, I used to use the app personally as well.
Sean Dillon
House Hack in Expensive Market or Invest Out of State?
7 February 2025 | 7 replies
In person control before controlling re from the distance.