
16 October 2024 | 1 reply
What a lot of people think:Bonus depreciation is only for new properties or acquisitions.The truth:You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the Tax Cuts and Jobs Act passed changing various rules.The IRS allows you to claim missed depreciation deductions by adjusting your current year's tax return, without needing to amend the previous year's returns.This is typically done through a change in accounting method using IRS Form 3115.

9 October 2024 | 11 replies
- Will I have a dedicated property manager or rotate through a team?

16 October 2024 | 17 replies
@Caleb L.I would say it is fine, so long as your job is not just to find a property for an investor by middle man communications between a broker and the investor for a small payment (pretty much what a broker does).

16 October 2024 | 10 replies
I bought a wholesale property last January using a hard money loan with 80k in renovations.

16 October 2024 | 2 replies
I have a couple affordable properties and need help get HAP residents in.

15 October 2024 | 9 replies
My wife are in escrow on our first rental property purchase (in the Columbus, Ohio market) and are underway with inspection, finalizing the loan, getting quotes on homeowners insurance, interviewing property managers, etc.

17 October 2024 | 3 replies
His company manages mine and has got some great properties

16 October 2024 | 2 replies
Good Day,I need to estimate how much the insurance will be before I purchase the property.

15 October 2024 | 1 reply
We have set up filters and find some pre-foreclosure and foreclosure properties in our area which we want to look further.