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14 February 2025 | 4 replies
I've found the people who want to charge for their time and "mentorship" typically need the money because they are struggling- maybe not the best person to take financial advice from.
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16 February 2025 | 4 replies
@Stacy A Stewart I have personally used DSCR loans to purchase rental properties here in the Dallas/Ft.
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4 February 2025 | 4 replies
Quote from @Jeffrey Duck: I see no reason to pay an attorney for this, but it's your dime.The current lease was between you and Person B.
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13 January 2025 | 8 replies
Hi All,Newbie here, just a quick question we are building an addition on our second home, we have a primary residence, and two rental properties. We are trying to not use our retirement funds. Are there any strategies...
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14 February 2025 | 1 reply
Hi Eric, I use Doug Lyons with Lyons Home Inspections for all of my personal properties and all of my clients.
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13 February 2025 | 0 replies
I'm willing to help this person in any way I can.
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6 February 2025 | 5 replies
Recapture typically happens only when you sell the property.If you use the property partly for personal use and partly as a rental in a given year, depreciation and other expenses must be prorated based on the number of days it was rented versus personal useBased on the current tax laws and regulations, once you've taken bonus depreciation on an asset, you cannot "capture" additional bonus depreciation on that same asset in future years, even if the rates increase.In the 2024 tax year, the rate for bonus depreciation is 60%.
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12 February 2025 | 13 replies
(I assume you won’t find a 1 hour a day type person.
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13 February 2025 | 1 reply
I'm willing to help this person in any way I can.
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3179165/small_1738697839-avatar-michaelg1957.jpg?twic=v1/output=image&v=2)
14 February 2025 | 2 replies
I'm willing to help this person in any way I can.