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Results (10,000+)
Deborah Wodell Is 100% Financing a Trend Worth Pursuing?
7 November 2024 | 8 replies
Some of the stuff I've seen and heard in local REI meetups is unbelievable.
Elliot Angus Creative Finance into Bank Refinance
7 November 2024 | 3 replies
This scenario is entirely possible and I've done stuff like this before with seller finance (SF) properties I've purchased and then refinanced later.That said, if you have the downpayment now, why not just use conventional financing now?
Blaise Peterson Career advice for my daughter
11 November 2024 | 14 replies
I don't think I could teach her that stuff so I am selling my ongoing projects and residential properties.
Constantinos Zavos Off Market Deals - What is the best way to find / approach them?
6 November 2024 | 8 replies
We had success with choose grass roots and stuff listed on the MLS.
Deborah R. Hurricane advice - LTR flooded
5 November 2024 | 39 replies
Or did the windws blow stuff off the house or blow stuff into the house that represents the damage?   
Steve Holt Is BongoStays legit?
12 November 2024 | 47 replies
He took videos of everything in there, they sent it back showing the great job they did -- of the stuff I bought at Target and all the boxes I unpacked and put away.
Jin Zhang Anyone has experience with a company called find dream rental?
2 November 2024 | 10 replies
He has also played a key role in facilitating communication between the new tenants and myself, ensuring a smooth coordination of arrival times and addressing any specific needs they may have.
Melanie Baldridge It’s not what you make, it’s what you keep!
6 November 2024 | 0 replies
Others 15 yrs, etc.So we depreciate a portion of the asset costs faster.We do the study and get dollar amounts assigned to different parts and different schedules to front-load depreciation.Now you can get 5 or 6% of the value as a deduction in the early years...But wait... there's more.Bonus depreciation allows you to deduct a certain percentage of cost in the first year an asset is put into service.Anything that is on a schedule of 15 years or less...So the doors, sidewalks, HVAC, walls, latches, curbs, security, gates, etcA % of this stuff goes in Yr 1.For years 2015 through 2017, first-year bonus depreciation for these items was set at 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019, 0% in 2020.But then the Tax Cuts and Jobs act moved this percentage to 100% from 2017 to 2022 and 80% in 2023 and 60% in 2024.Its not uncommon to allocate 30% of an asset cost to items that can be depreciated on a 15 year or faster time frame.So now 60% of that 30% of your asset's cost can be depreciated in the first year, excluding land.Pretty great.This is how real estate owners, investors, and operators make millions and pay very little in taxes compared to W2 employees.They pay even less and can offset other types of income if they are an RE Pro.
Matthew G. Taking advantage of 0% APR credit card offers?
5 November 2024 | 18 replies
So ya it's good to have for more CC's and credit when the time arrives
Anne Christensen Investing in Pittsburgh?
8 November 2024 | 18 replies
We have mostly 2-4 unit buildings compared to the larger stuff but that 5-50 range can be a good space to find deals in.