Francine Geike
Divorced low income assume loan of home selling investment property
8 November 2024 | 3 replies
For the home loan, if assuming it isn’t an option with your current income, you might consider using some of the cabin sale proceeds as reserves or paying down debt to improve your financial standing.
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
Actively marketing the property and handling tenant relationsCost Segregation: allows you to accelerate depreciation by breaking down the property into different components, such as personal property (appliances, carpeting, etc.) and land improvements (landscaping, parking lots, etc.), which can be depreciated over a shorter period typically 5, 7, or 15 years rather than 27.5.
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
I'm not an active owner in that I use a management company but I spend a good deal of time fixing/improving things myself so I don't have to pay someone else.
Mitchell Coles
High-Performing Short-Term Rental Condo in Uptown Charlotte
7 November 2024 | 0 replies
These updates improved the property’s marketability and allowed me to maintain high occupancy rates on platforms like Airbnb.
Kristin Solbach
STR to LTR - is it possible?
14 November 2024 | 30 replies
In addition, the tax savings from the STR loophole and the Cost Segregation Study could help accelerate your paydown of the HELOC and improve your overall cash flow.
Julio Gonzalez
When to Capitalize vs Expense
5 November 2024 | 0 replies
This would include architectural fees, new equipment, cost of protecting or defending your title to the property, or building improvements.
Daniel Osborne
Thinking about land investing
6 November 2024 | 2 replies
It's also fairly easy to do virtually.The money is made in land flipping on the "improvements" you make on the land.
Ivan Smith
Eviction advice needed in Phoenix, AZ
7 November 2024 | 15 replies
A lot for the poster to learn and improve upon.
Mason Moyse
House Hacking Advice?
7 November 2024 | 5 replies
Will the home rent well, or will you need to make improvements first?
Branson Widder
Hello BiggerPockets! New PRO here
6 November 2024 | 10 replies
Being able to do your own renovations and improvements will give you a serious advantage when house hacking or even working on your own projects.Akron has some solid real estate opportunities, especially for house hacking in multi-family homes.