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Results (10,000+)
Katie Miller If you use a CPA or Tax Professional, how did you find him or her?
31 January 2025 | 120 replies
The most effective way to find a professional team to work with is to interview a few to find one that can work with your situation.
Mak K. Tenant lied and has a dog on first month of lease -Texas
16 January 2025 | 8 replies
I would be glad to kick her out if she doesn’t follow lease and liesHey Mak, this is a tricky situation.
Darlene S. Avantstay pros cons for an owner? Short Term Rental
24 January 2025 | 36 replies
Thanks. same situation for us but we don't go live with them until January 2023.
Michael Klinger Ideas on $25K loan for multi-family working captial?
6 January 2025 | 11 replies
This relative to my situation, is a super modest amount of funds.
Bob Dole Cost Segregation -- What is the true benefit of the accelerated depreciation?
9 January 2025 | 32 replies
Quote from @Bob Dole: All,Apologies for the newb question, but I just heard about cost segregation and have been reading up about it online.My understanding is this (and please correct me where I'm wrong):Pros: -accelerate depreciation, front load (vs. just a straight line over 39 years) -save money on taxes because of the depreciationCons: -if I sell the property, the recapture will be larger -not recommended if you flip propertiesSo hypothetical situation:-Majority of our income is W2 based, let's say it's $500k-Net income from commercial rental is $100k-Income from dividends and interests is $100k-Both of us are full time W2, so non-prof real estate (but this can change  -- please see below)So we're hypothetically grossing $700k a year. 
Carsyn Childress Are wholesalers using BiggerPockets?
29 January 2025 | 18 replies
The forums are often more for questions and help in situations or deals. 
Mohamad Guene Mobile home investment.
8 January 2025 | 3 replies
., mobile homes often lose value over time unless they are situated on owned land) and tenant turnover.However, tax advantages include depreciation deductions, which allow you to offset rental income by writing off the property's value over time, and cost segregation, which accelerates certain deductions.
Nicholas Stout Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
S8 tenants often have less of a support system as family members might be in the same situation.
Devon Shives 2nd house hack help!!
9 January 2025 | 2 replies
I was in a similar situation for my second house hack.
Kayla M. Looking for Guidance and Help to Get Out of a Baltimore Property
2 January 2025 | 53 replies
I also went thru a nightmare situation with them for two years.