Account Closed
Property Analysis Essentials
Before you start to analyze property there is one “Rule” you should know about. Only after your real estate investment is under contract, should you prepare a comprehensive analysis that calsstatecompanies discuses in...
Julio Gonzalez
Example of Bonus Depreciation
In my previous post, I talked about the different property classifications to help separate real property from personal property. Identifying your personal property helps you determine the portion of your building tha...
Anastasia Jordan
Bought & sold a tax certitficate. Lienholder now suing my buyer.
I was going to wait until a verdict was issued but oh well.Read this from last year.....https://www.biggerpockets.com/forums/92/topics/226...Now for my part......Bought a tax certificate in Feb 2017 (I think). 3 unit...
Ahmed Abutaleb
Syndicating my own 1031 Exchange
I have a SFH with equity that I will be selling and 1031 exchanging for a commercial/mult-family property. Can I legally syndicate the new acquisition, and if so, will this just create a tax accounting nightmare?Ahmed
Account Closed
Unlocking Wealth: Leveraging Backdoor Roth IRAs for High-Earning W-2 Employees
For W-2 employees with substantial income, navigating the financial landscape becomes strategic. Understanding the nuances of Backdoor Roth IRAs can be a game-changer in optimizing wealth-building opportunities. Let...
Marc Possoff
Empty Lot / Deed Fraud / Any Repercussions
Hi my cousin was getting calls from investors wanted to buy a vacant lot and the investors said it’s going to sheriff sale. My cousin thought he was being scammed because he said to these investors that his mom didn’t...
Account Closed
Does business credit/debt affect personal credit score/DTI?
I have an LLC for my real estate startup, but I have neither the capital to get it off the ground nor the credit score to secure funding. I have a potential partner who I am willing to sign on as a 50% partner in the...
Renjie Song
Cheaper and more user friendly cost segregation app
Hi all,
Like many small landlords, I am trying to take advantage of cost segregation to increase my depreciation and further reduce tax liability.
However, a full-engineering approach is quite costly (easily over $...
Catherine Underwood
Could someone explain short stay rental rules in Hawaii?
As I understand it, Short Stay Rentals in Hawaii take two forms.1) Legal Short Stay RentalsLegal Short Stay Rentals are only permitted in the Resort Zone area of Waikiki as shown in this map. 2) Illegal Short Stay Re...
Leigh Sershen
Triangle area - North Carolina. Rental Property and taxes
Newer Landlord - have done my own taxes historically and felt pretty confident in them. Not as much now with a rental property. I am HUGE on using people who are recommended (for just about anything). I don't like tak...