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Results (10,000+)
Erika Andersen Advice on working with a home buyer's RE agent using an hourly rate?
4 February 2025 | 17 replies
We're interested in a primary residence home purchase using a RE attorney and hiring a buyer's RE on an hourly basis.
Nick Wimmel Looking to purchase a duplex in Middletown, Ohio
8 January 2025 | 12 replies
Currently, I own my primary home and a rental in San Antonio, TX. 
Jarrod Ochsenbein My 4th rental property is now under contract
17 January 2025 | 12 replies
I am buying conventional for primaries and DSCR for the rest.  
Raul Velazquez REI in Vancouver, BC
17 January 2025 | 9 replies
You could house hack and use the other portion to AirBnb as then you meet the primary residence requirement in B.C.
Allen Masry what happens to 500k
23 January 2025 | 26 replies
Also get me out of more debt/risk.I would put 100-150k into savings for a primary home for my familythen i would put 300k into Bitcoin...just kiddingThe rest of the money I would likely want to "work with".
Rereloluwa Fatunmbi Seeking Advice to Improve STR Performance in East Downtown Houston
22 January 2025 | 22 replies
If convenience to local Houston attractions is the primary reason why someone would stay there consider highlighting that in your photos.
Melanie Baldridge What is MACRS classification?
10 January 2025 | 0 replies
When it comes to real estate, here's a general list of eligible assets and their depreciable lifespans that you should know: Residential Rental Property = 27.5 yearsThis includes any building or structure where 80% or more of its gross rental income is from residential units.That means:- Apartment buildings- Single-family rental homes- Duplexes, triplexes, and quadplexes- Mobile homes (used for residential rental)- Any kind of residential lodging facility where the primary purpose is long-term rentalCommercial Property = 39 yearsThis includes non-residential properties like:-Office buildings-Retail stores and shopping centers-Warehouses-Industrial complexes-Hotels and motels that do not qualify as residential rental propertyLand Improvements = 15 yearsThese include sidewalks, roads, fencing, some landscaping, and parking lots that are separate from the building.Personal Property = 5 or 7 yearsPersonal property used in a rental activity usually has a 5 or 7-year life.This includes most furniture, appliances, carpeting and various machinery.Qualified Improvement Property (QIP) = 15 yearsGenerally, this includes any improvements made to the interior of a non-residential building after the building was placed in service, excluding elevators, enlargements, and the internal structural framework.Computers and Related Peripheral Equipment = 5 yearsVehicles = 5 yearsNote that the land itself is not depreciable.
Christopher Lynch What Is The Best Way to Start Flipping Houses and Raise Capital?
16 January 2025 | 10 replies
Keep that as a backstop when the primary funds run out so that you don't have to pass up on a great deal that comes your way.LLC structuring is something that you really should talk with a tax professional about.
Sam Robbins Advice for rental in HPR
8 January 2025 | 6 replies
The property either has to be zoned a commercialZoning or - you have to own both HPR parcels and have one be a primary residence .
Ryan Cousins Hold onto a Negative Cash Flow Property?
17 January 2025 | 23 replies
As has been mentioned, try to find a way to keep as your primary for 2 years, and all gains are tax free at the sale.