Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Kelly Flippin Registered Nurse & ready to learn & begin my real estate journey for retirement
24 September 2024 | 11 replies
My friend suggested for me to try owner financing then to rent it out or turn it into government assistance housing.
Cathy Li Airbnb Property Mgt Companies in San Antonio - Texas
23 September 2024 | 4 replies
Why do you think purchase contracts are so long and have such small print?
Maria Murphy Buying NPLs - recos & resources?
23 September 2024 | 13 replies
Not sure if this is the case in all provinces because Catalunya, especially the Barcelona city government, is quite left and making it difficult for investors. 
Gary Dale McKee Need advice on wether or not to rent to people on disability.
24 September 2024 | 49 replies
Emotional support pets are pets- people print up paperwork from the internet so their landlord will allow them to have a pet- they expect their untrained pet to be treated as a service animal, which is a slap in the face to those hard working, trained animals and to the people who train them.
Becca Pariser Baseline or Relay for banking?
24 September 2024 | 14 replies
Read the Fine Print: Carefully review the terms and conditions, privacy policies, and any disclosures provided by the fintech company.
Melanie Baldridge Bonus Depreciation one of the best parts of RE Tax Code
23 September 2024 | 6 replies
Bonus depreciation is just a special part of the US tax code.It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.At the time of this writing, you can write off a huge portion (60% in 2024) of many qualified components that have a useful lifespan of 15 years or less.That means a certain percentage of things like landscaping, sidewalks, latches, appliances, fences, certain flooring, etc is depreciable in year 1.The bonus depreciation rate percentage changes yearly depending on the administration and the tax code.For years 2015 through 2017 first-year depreciation for all the items on a 15-year schedule or less was set to 50%.It was scheduled to go down to 40% in 2018 and 30% in 2019 and then 0% in 2020.But then Trump got elected, and he enacted the Tax Cuts and Jobs Act.That moved the bonus depreciation percentage to 100% from 2017 to 2022.In 2023 it went down to 80% and it’s currently at 60%.Depending on who gets elected again, 100% may be back on the table.Only time will tell.We know that the US government wants to incentivize more development and ownership of RE.They want Americans to continue to build and maintain our physical world.That’s why real estate is one of the most tax-advantaged assets in the US.Depreciation and bonus depreciation for RE are very positive and will likely continue in the years ahead.
John Micco Short term rental build out
22 September 2024 | 0 replies
It takes a long time to develop land from scratch it is hard to do with all of the government regulations and codes.
Aaron Sweat ADA Units and Their Market Value
26 September 2024 | 17 replies
As long as you stay under four units, you're not governed by the Fair Housing Act, which has some accessibility requirements.
Scott Green Tax Deeds and Ted Thomas Course
25 September 2024 | 29 replies
Day three was a presentation from an attorney hawking a tax-reduction home training course and half of the printed agenda for the day was ignored. 
Henry Clark Self Storage- Making an offer on land
24 September 2024 | 27 replies
They had to do it, otherwise many banks and commercial customers are at the point of refinancing and the Government itself is at a strategic debt refinance point; thus, if they didn't lower rates, it would have been a catastrophe short term.