Nick Walley
Starting out- tax benefits
Hey BP! First post and it’s great to meet you all. I would love some advice / perspective… I live in the East Bay Area here in CA, have a great W2 and good sales commissions, and want to start RE investing. I’ve been ...
Ali Parvizad
STR - REAL ESTATE CPA's
Whatsup everyone! I am looking for some references on a Real Estate CPA in the Delaware/MD/VA/DC Area to help me get on track for optimizing the benefits of running a STR. I am new to STR's having just launched in Re...
Nate Shields
55-Unit Value Add Success
Closed on a 55-Unit Apartment Complex!
Hey BP family,
I’m excited to share a major win with you all! Our team at Missional Capital Group just closed on The Timbers Fund—a 55-unit apartment complex located in Ala...
Ryan D
Whole Life Insurance & Real Estate
I'm wondering if anyone has any advice/opinions on using whole life insurance to supplement my real estate investments. I'm currently 25 and am debating on whether or not I should set up a policy now while I'm "young"...
Christopher Smith
IRC 179 Question (as modified by the TCJA)
I've been exploring the discussions addressing IRC 199A and the IRC 162 requirement that must be met in order to obtain the new tax benefit under 199A. During that process, I came across the item below which appears t...
Josh Smith
Tax Red flags on fully-owner occupied SFH + part owner occupied/rental SFH within 20m
Hi,
I have a SFH1 (4bed/2bath) in which I live with my partner and kid and occupy fully. I also have another SFH2 (4bed/2bath) 20 miles away. In SFH2, I rent a couple of rooms out and keep the rest for my personal us...
Jeff G.
Proposed Rent Increase Limit of 5%/Yr Nationally?! Seriously?
Apparently the White House is pushing for national rent control. Landlords with 50 units or more would be limited to a maximum of 5% annual rent increases. The linked "fact sheet" is, well, oddly light on facts. For s...
Darren Landerway
Creating an LLC for a firm foundation?
Hello,
Been a while since I've been on here but I've been focusing on how; or better yet where, to start with it all. I currently own a home in upstate NY that is a two family, which I rent out both places with a pos...
Allison Flores
TAX DEPRECIATION FOR LANDLORD
Hi, I am new to investing, I do have some properties with my mom but I am now looking to expand our investment and to dive into tax benefits since I was so unaware of it for so many years.
Does property depreciation...
Darren Morrow
Should I get licensed?
I am just getting started in Real Estate investing, flipping and wholesaling. Do you think it would be advantageous to get licensed?