Jabran Sadiq
Can a single Navien Combi-heater handle a 3-family home?
16 December 2021 | 1 reply
It’s a 2-family plus a bonus apartment on the ground floor in New Jersey.
Peter Morgan
Home insurance wants to know about the dog
21 December 2021 | 13 replies
If you have a solid story (description of the story / exposures they're worried about), then the carrier/agent might be able to get the carrier to reconsider.
Stephen Lewellis
Tax Benefits episode -- no mention of REPS
19 December 2021 | 3 replies
In this episode, Ana touts the use of depreciation and cost segregation (presumably for unleashing bonus depreciation) as a way to offset active W2 income, but she makes it sound like it's available to every investor by default.
Logan Karanovich
House Hacking in DMV Area
21 December 2021 | 15 replies
This was my first exposure to the monthly rental market and I have found it to be very profitable and have high demand.
Drake Hamilton
Can items bought second hand (Craigslist,etc) be a tax write off?
28 December 2021 | 8 replies
@Drake HamiltonNew or used items are eligible for deducitons.You just want to read the rules on bonus depreciation / section 179 expense as they may require the item to be new for you to claim bonus depreciation / section 179 expense.Best of luck!
Sam Dykes
Months Looking and NO DEAL... Switch to Foreclosures?
18 December 2021 | 1 reply
The bank, just like any seller, wants maximum exposure and maximum value for the properties they are selling. 3.
Viral Mehta
Home insurance and house age
29 December 2021 | 8 replies
The only major exposure in this area is wind/hail storms.
Jeremy Lepman
Maintenance for properties
23 December 2021 | 8 replies
If they beat the deadline, they are rewarded with a bonus.
Stephen Lynch
Bought in 2021, rehab in 2022. Tax handling?
3 January 2022 | 12 replies
Not only whether you capitalize versus expense, but things like recovery period, section 179 bonus depreciation, de minimis safe harbor for immediate expensing and even just how to establish basis in the first place.
Shane Pico
Advice for newbie just getting started
22 December 2021 | 1 reply
Diversifying your exposure through a STR is certainly a move you can make but will take you longer to achieve your # of doors goal.