Oscar Montealegre
I bought property in Colombia and I don't think I'm crazy.
31 March 2022 | 38 replies
3000 dllrs of rent in a property worth $150 k Us dllrs o 500 millones de pesos, i bet is imposible, may be 1000 dllrs o 3 millones de pesos, those are the real numbers.
Rebecca Cramer
"Schedule E" HELP for tax illiterate newbie!! :)
20 January 2022 | 4 replies
(Remember that you can take 100% bonus depreciation) Depending on your expense amount, you can also elect to expense it under de minimis safe harbor.
Manda Gouvion
How long did you wait/research before you jumped into investing?
20 May 2021 | 122 replies
Shortly after, I got married & my new wife (who was a teacher & not making much money either) bought into my investing mindset just enough that we bought a duplex & moved into one side. 2 years later we bought an identical duplex, the second building over on the same cul-de-sac.
Becky Watkins
Deck on an Owner-Occupied Multifamily
2 September 2016 | 13 replies
Beginning 1/1/16, you can expense $2,500 per invoice or per item (as substantiated by invoice) under the de minimis safe harbor election.
Emily Allred
I think I made a mistake...should I back out and lose $1700?
9 February 2017 | 56 replies
We met our hard money lender @Joe De Vera there.
Andrew McManamon
I Need Your Help On This One BP!
13 October 2017 | 10 replies
A thorough de-junking and some fresh paint would go a long ways.
Meena Price
File for LLC in my state or not?
18 August 2019 | 29 replies
I'm sure many of you know that certain states--namely Delaware, Nevada and Wyoming are very business friendly and have many financial advantages over others.
Chingju Hu
Open LLC in my state or where the property is?
12 September 2018 | 5 replies
So even if you pick a state with stronger protections like WY or DE, the cause of action arose in the state where the tenant fell, so likely that the court where the accident happened would have jurisdiction.
Hengky Lim
Which neighborhood to invest in Las Vegas
28 January 2021 | 36 replies
Can someone out there HOLLA if maintenance can de done at a rate of 2%"A: Yes, 2% is a valid number if you:Cherry pick the right properties (no high maintenance properties)Target the right tenant poolWork with an excellent property manager who selects the right tenants.Renovate the property to reduce maintenance cost.Chicken: "2.
Jason Polykoff
Beginner REI from Philadelphia area
11 July 2020 | 17 replies
I move a lot of inventories each month in Philly and Delaware County.