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14 January 2025 | 5 replies
My understanding is that the ballpark standard of "unless it would be outrageously tough" (something along those lines) is what applies if you're doing a rehab, seeking new permits, doing structural changes anyways, and things of that nature.For existing pre-ADA structures, my understanding is that the standard is more along the lines of "if it can be easily/cheaply done, you have to do it."
15 January 2025 | 5 replies
The rules are pretty complicated and the only people who really know all the terms and rules thoroughly are the Rent Levelling Board.Caveating that I’m not an attorney so go seek your own advice but I clarified a few things at a recent rent levelling hearing (which are open to the public and you can find the schedules with a simple Google).
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9 January 2025 | 15 replies
HELOCs are not available because they are residential loans guaranteed by individuals and what you seek is a type of commercial loan or credit line which are available to seasoned companies with proven financial track record.
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14 January 2025 | 9 replies
This can be especially appealing for those who enjoy traveling or seeking occasional getaways.
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8 January 2025 | 5 replies
Hi BiggerPockets Community,
I’m exploring the idea of renting my 5-bedroom property in Tampa, Florida, to traveling nurses and could really use your advice! Fully furnished, with all utilities included. Spacious comm...
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16 January 2025 | 7 replies
Readers should seek professional advice.
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9 January 2025 | 32 replies
This benefit allows the owner’s estate or heirs to receive the property at a new, higher basis—reducing capital gains taxes if they choose to sell the property after inheriting it.In short, partial disposition allows tax deductions for retired property components during ownership, while the death step-up basis resets the property’s depreciated value, providing tax relief for heirs.
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22 February 2025 | 109 replies
I talked to 2 smaller syndications, both were seeking investors in apartment buildings, one was in Michigan near the Indiana border.
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14 January 2025 | 1 reply
Your taxes are none of the ex wife's business and this would seem to address your concerns.I would also put her on notice that future requests for financial discovery will be two-way and if a discrepancy is seen in the other direction you will seek support from her.
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11 January 2025 | 4 replies
Hi BiggerPockets Community,
I’m Josh, 26 years old, current project manager and aspiring asset manager diving into a new venture that I’m excited to share. I’ve developed a Comprehensive Investor Report (CIR) for a p...