Sean H.
Bonus depreciation - depreciation recapture after demolition?
I just bought a property i was planning to rent it until i have time to get to it. My long term plan is just to rent it for a couple years, and then tear it down. If i claim bonus depreciation on it this year or next,...
Brad Kanouse
Due Diligence checklist
Hi all,I am new to the investing scene and am making a spreadsheet/checklist of tasks and due diligence that I can refer to when I go thru the process of BRRRRing. What would you make sure is on that checklist?
Ashley Sivils
Devil is in the DETAILS!!!!
Investment Info:
Single-family residence fix & flip investment in Leavenworth.
Purchase price: $70,100
Cash invested: $49,722
Sale price: $156,000
First Flip project! Wow what a learning expe...
Alexandra Hughes Pailet
BiggerPockets is Seeking an Apparel Vendor!
The BiggerPockets team is seeking a third-party vendor that will allow us to sell merchandise such as t-shirts, hats, and more!
We need a company that will:
- Provide a way for people to purchase these items direct...
Emily Beatty
Duplex in Lexington, Kentucky
Investment Info:
Small multi-family (2-4 units) buy & hold investment in Lexington.
Purchase price: $180,000
Cash invested: $45,000
6 br / 4 bath duplex (3/2 on each side) purchased with Section ...
Bienes Raices
Determining basis of REO property (rental)
If you bought an REO property (to be used as a rental) that needed substantial repairs and the market value is higher than what you paid for it, how do you determine the basis for federal taxes?
I have been told vari...
Mike Montanye
First Turnkey Rental Inspection Report
We just got our inspection report back on our first turnkey rental. Here are the big ticket items on the report:Collapsed Main Sewer LineDamaged Sub Floor in a BathroomSistered Joists not securedElectrical system rais...
Peter Bras
Inventory Management System
Is anyone using a good inventory management system to track supplies in your STR? Admittedly I am a tracker and love to analyze mundane things like burn down rates to predict when I need to bring more supplies to the...
Kitty Dockins
First fix and flip, a huge learning experience.
Investment Info:
Single-family residence fix & flip investment.
Purchase price: $75,900
Cash invested: $1,000
Sale price: $85,000
This was a house that was up for auction by occupant through ...
Chloe Mayer
What Details to Compare on Lender Loan Estimates?
The first time I got a mortgage was 3 years ago buying my first home, that is and still will be my primary residence. Back then... I knew nothing, and felt like the lending process was super veiled and not really setu...