
2 January 2025 | 37 replies
I think that this BP forum takes on that deal-killer function very well......at least it can if/when investors take the time to post their questions and concerns.

21 December 2024 | 8 replies
So posts like "do you need to sell your house fast" is not going to cut it.Actual value so that people like and share your posts.The best maerketing is done when you cross pollinate your efforts.Send them to your youtube video, and from therem send them to your instagram.

27 December 2024 | 22 replies
I know that in the future we will have some sort of market downturns and you could lose all that you acquired with properties that target low paid workers.Behavioral issues are a significant concern.

16 December 2024 | 0 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.

16 December 2024 | 13 replies
A strong buyers market indicates sellers price cutting and listings being bought under value which would lead to equity losses.

16 December 2024 | 3 replies
@Bob Asad, that is not something you need to concern yourself with.

15 December 2024 | 12 replies
You can give notice to one of the tenants, then move in and rent out rooms to further cut your living expenses.Yes, something I've considered but does require me to move from CA to TN, so big life change.

17 December 2024 | 13 replies
While this review appears comprehensive and objective at first glance, I see a concerning pattern.Looking through William Ferr's posting history on BiggerPockets, there's an unmistakable pattern of consistently promoting Jonathan Halves and his training course The Land Method and his Land Riches Blueprint, while criticizing other educators.

19 December 2024 | 4 replies
Sometimes they’ve got resources or connections that could help speed things up.What’s your biggest concern going into the hearing?

21 December 2024 | 6 replies
I think the big concern here is a national event that affects us all.