Sebastien Lamarche
Hello BiggerPockets! New PRO here
6 January 2025 | 3 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
Ethan A.
Seeking advice: tenant violated lease with many cats
18 January 2025 | 5 replies
Did you know there's a proven link between cat ownership and mental health issues?
Melanie Baldridge
A post on recapture.
17 January 2025 | 0 replies
This is most of the depreciation you are taking year one.You can calculate your depreciation recapture by taking the sale price of the asset and subtracting the adjusted cost basis.The adjusted cost basis is what you paid for the asset plus any improvements you made along the way minus the depreciation you took along the way.The profit above this original cost is taxed as a capital gain, but the part linked to depreciation is taxed at a maximum rate of 25% under the unrecaptured gains of section 1250.To recap the tax rates are:- Sec. 1250 real property: 25%- Sec. 1245 property and 15 year 1250 property: Ordinary Tax RatesThere are ways to minimize depreciation recapture especially if you know how to work smart with your CPA.1) Asset Valuation at Time of Sale - Sellers can minimize recapture by reallocating the price of the assets on sale.
Jean Romelus Lisma
New member Introduction
7 January 2025 | 7 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
Justin Silverio
BiggerPockets + Invelo - Here's what you get
9 January 2025 | 43 replies
And if you do upgrade, you get an additional $50 in your wallet.To get access to these benefits, you will have to link your BP Pro account to your Invelo account.
Kevin Upton
Hoping to Connect
14 January 2025 | 5 replies
A link to FilePlace is at the bottom of every page, making it easy to find.If you have technical issues, email [email protected], and someone will help you.
Chris Seveney
Is it really this bad with syndicators?
16 January 2025 | 19 replies
Lane Kawauka (sic) or something like that is the one who lost a project and 10 mil of investor equity POOF.. there is a thread on it on BP @Chris Seveney Chris is good with BP he could probably put the link to the thread up if he is not busy.
Rene Hosman
Join the list and be the first to find out when registration opens for BPCON2025!
27 December 2024 | 1 reply
Hotel reservations at the 2025 venue, Caesars Palace, are already available to book using this link https://book.passkey.com/event/50916112/owner/4929/home and BPCON2025 tickets will be live soon.
Aeon Jones
Joining the Vodyssey Mastermind group for REI in STRs
8 January 2025 | 7 replies
I just came across this thread and would love to share some insight or answer any questions.Here is a link to our Instagram page where you can find A LOT of information about Vodyssey and our members.
Bob Willis
DSCR for acquisition of existing PadSplit
16 January 2025 | 21 replies
Here's a link to both of their PadSplit stories:Jeff: https://www.padsplit.com/host-resources/case-studies/jeff-we...Fernando: https://www.padsplit.com/stories/hosts/fernando-and-amaris-c...Quote from @Bob Willis: I am interested in talking to someone about the process of funding via DSCR the acquisition of a property currently being run as a PadSplit.