Previous post got deleted/moved by BP so apologies if you have already responded. Have some more complex questions was hoping to get some help with:
1. Is it possible to take advantage of the bonus depreciation if bu...

I am under contract on SFH in DC and would like to put the property in an LLC. My sales contract has an assignment clause so I can assign it at closing. Does my LLC need to be fully formed in order to close or can wil...

Good day Everyone,I am a professional in tech, my wife is a realtorI bought the house last year and incurred a net loss. When I filed taxes using turbo tax, I filed Schedule E but there was no form  8582 which is to d...

Good morning! I just want to know how you know who a real lender is. What kind of questions should I ask them? The reason I’m asking is because I’ve been talking to this lender, and I see they have a verified check ma...

Hey BPer'sI am trying to find a good form to collect a deposit to hold the property for a rental.  Does anyone have a good agreement form they would like to share? Thanks in advance

In the realm of real estate investments, the short-term rental loophole offers a unique opportunity, subject, however, to certain rules and regulations. According to passive activity loss rules, every business is obli...

Hey Biggerpockets,Looking for someone that has done a lease with option to purchase on a mobile home in a park. What did your contract look like? Did you have a lawyer write it up for you? Any advice would be helpful....

Hi All,

I am a new RE Investor and also new to this platform. I working on my first deal with a private money lender called Cogo Capital. We should be closing in about two weeks; however, they just referred me to t...

Hi beautiful BP community, I have a concern and I was wondering if someone can help and direct me in the right path. Basically I’m 23, an international student on my last year of college. I was able during the last 2 ...

Hey BP! What are some ways I can reduce my tax liability on my rental property? After reviewing my taxes, I earned $26,400 in rental income on my property, and all expenses (mortgage interest, repairs, depreciation, i...