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Last year I redid the stairs on my triplex. It was more than a small repair, so I am capitalizing it. My question is whether I can depreciate the whole thing or just 2/3 of the cost. The entrance to my unit is in the ...
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Hey all!My father has recently passed away leaving his modest portfolio to my two brothers and I. All of the properties are paid off, however due to the recent passing of Prop 19 we are unsure of how the tax burden wi...
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Hello everyone. My wife and I are interested in purchasing a vacation home in Martha's Vineyard that we would rent out and have managed. We currently live in NJ and are renters. We do not own a home. We love Martha's ...
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Hey you guys,I live in a hot market, Houston, TX and I'm looking to live in my first house. I'm tired of paying apartments, and want to know if there are any creative ideas or ideas other than just buying a Single-Fam...
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Hello all, before you answer this question here's a little background.
My wife and I are 28 year olds, living in Southern California and we are starting to create our financial freedom portfolio in real estate. W...
Hi!Just have a very quick question regarding the newly proposed $10,000 property & state income tax deduction cap. How would it affect the property tax deduction for house hacking (buying a multifamily and living ...
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Hello BP! I'm a long time lurker, first time poster. I currently have a VA loan on my primary residence at 3.75%. After getting several advertisements in the mail to refinance the loan with a VA IRRRL I decided to sta...
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Hi my name is Julie and I am a single. It's great to be here. I am a beginner and read a lot a books. I am looking to invest in real estate. I need to put my children. University at need some help to know how to begin...
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Hey All, I am a CPA who works directly with Property Managers. I have worked full time as an accountant for a property manager for the last six months. I am looking for information for contracts between owners and pro...
Hi everyone. In an attempt to try to stop my analysis paralysis, curious as to what established investors would do in the following scenario:$100,000 liquidNo Debt at allRemote IT Job making 100k/yr. Location is a n...