Jonathan Cooper
Prorated depreciation for str
11 December 2024 | 16 replies
The good thing about bonus depreciation is that you can take the amount eligible for bonus depreciation in that given year.For example - if you place a $50,000 item under 5 Years MACRS on December 31st, it would be eligible for bonus depreciation which as of right is now 60%.
Ryan Crowley
Pay off mortgage and snowball?
19 January 2025 | 61 replies
When you have won the game, it's time to stop playing."
Christopher Morris
House Hacking in NJ
29 December 2024 | 23 replies
The rooms are unfurnished and the tenants are very low-maintenance (hardly know they are there). 2+Unit Buildings here and nearby currently sell for $1.5M on average.I bought the property 16 years ago, so my mortgage rate is very low (2.2%) Even though the property is cashflow positive, my bigger play is the average 5% yearly appreciation.I'm looking for others who are interested in house-hacking in this neighborhood.
Becca F.
Questions for Ohio agents/investors and Class A, B, C in your markets
12 January 2025 | 25 replies
They are great as appreciation plays but that's not what most investors are looking for.C/C+ is where you're going to cash flow...
Frank Alfano
New to BiggerPockets: Seeking Tips on Private Lending - Finding Multifamily Property
22 December 2024 | 12 replies
The article below sheds light on how DSCRs come into play with the BRRRR method.
John Williams
Who is the most important connection when investing out of state?
20 December 2024 | 8 replies
Real estate investing is a team sport and at different points in the game different players will play more important roles.
Blake Kirby
1031 Exchange Phoenix vs L.A.
21 December 2024 | 6 replies
I want to play devils advocate, to have a convincing argument.
Angelo Llamas
Tax breaks for a rental breaking even
19 December 2024 | 12 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Michael Plaks
EXPLAINED: How to find a CPA focused on real estate
9 January 2025 | 20 replies
I just hope that there's a way to enforce compliance more strictly.As is, the playing field is uneven.
Jennifer Fernéz
Let's say you have $80K in your savings account...
19 December 2024 | 82 replies
You’ll live rent-free in one unit while the tenants cover the mortgage.Here’s the play: do it for 12 months, then repeat each year for 3 years.