Felix Lilly
Looking for a house hacking property near Boston MA.
22 April 2024 | 4 replies
Personally I am not sure what investing out of state looks like, and I would truly feel incredulous if I could get help from any of you amazing friends here on bigger pockets!
Austin Merritt
First time home owner running the numbers - negative cash flow with a 2.25% rate
23 April 2024 | 14 replies
I would personally keep the property unless it's going to be tough to cover the difference.
Larry King
Accelerated depreciation on primary residence turned STR?
21 April 2024 | 8 replies
You need to pass "material participation" test and personal use test, but that's for your future tax professional to explain.Yes, bonus depreciation is possible, but only on the current value of the personal property and land improvements.
Matthew Warzel
Skip Tracing Software! The Two We Use Now Stink! Any Proven Companies Y'all Like?
21 April 2024 | 5 replies
I personally use batch skip tracer.
Ronald Buzzetta
Accounting Software to manage Rental Properties
21 April 2024 | 13 replies
If you are doing this for your personal properties, I would consider Quickbooks or Stessa.
Hayder Ali
Real Estate Planning
22 April 2024 | 5 replies
I would highly recommend staying away from anything being transferred from one person to the other directly.
Dave Hart
Tax benefits when buying in an LLC
21 April 2024 | 4 replies
My current rentals are all in my personal name with conventional loans.
Adama Bah
How to pay less tax with this situation?
21 April 2024 | 6 replies
Situation:1- W2 employee making $230000-$300000 a year. 2- owned 2 properties under personal name, 1 in LLCWhat are the best way to get tax benefits ?
Jack Stalnaker
Should I invest out of state for my first property?
22 April 2024 | 9 replies
I would personally wait to buy a property until you're down there.
Phil Shelton
paying off rental property loans - which loan first
22 April 2024 | 10 replies
But I began this reply with IF, because if they are all cash-flow positive, I would personally not seek to pay any of them off early (depending on your age), and instead save that money to put towards obtaining additional properties.