Devin James
Key Principles that Guide Me
13 January 2025 | 1 reply
None of these things will bring success tomorrow, but with doing them consistently every day, I will wake up in 5,10,20,30,40,60 years and be miles ahead of everyone else.2) Never stop learningThere is only growth or decay, there is no middle ground.
Troy Smith
CPA tax advice.
9 January 2025 | 11 replies
Once the property is in service your rehab costs will be added to your cost basis.
Marshawn Moore
Has anyone join New Wealth Advisor (NWA) Riverside CA
26 January 2025 | 32 replies
New Wealth Advisors Club has helped me make my dreams come true and I'm still growing everyday I'm involved with the club.
Juan Perez
Turning a Primary Residence into a Rental
28 January 2025 | 4 replies
if there is appreciation, but you wouldn’t sell your current home tax free and buy a neighboring home to rent out, (There by raising your cost basis for additional depreciation and lower capital gains tax.) then it probably doesn’t make a good rental property. .
Jon Martin
BiggerPockets Real Estate & On the Market are Starting to sound like the same show
17 January 2025 | 3 replies
Thank you for the reply @Dave Meyer, it's not everyday that I get to converse with BP Royalty.
Michael Shean
Rookie in Sacramento, CA looking to get started in 2025
20 January 2025 | 8 replies
I am hunting these deals everyday, there are some good ones here and there.
Nick Rivers
How to become an expert underwriting deals?
19 January 2025 | 11 replies
@Nick Rivers If you've already taken courses and webinars, then the only thing that will help you become more proficient is by actually underwriting deals on a regular basis.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
You’re taxed on the sales price less adjusted cost basis (basis less depreciation), not taxed on the proceeds from the sale.
Michael Deering
Buying Rentals in Japan
25 January 2025 | 15 replies
On the net-net basis you are barely going to get advantage compared to investing in the US.
Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
23 January 2025 | 11 replies
Be hands on and work with your guests every day.