Rick Lucette
Turning home into rental property - tax implications
hi Community,We just moved out of our home (purchased a bit more than 4 years ago). It is in a convenient location that rents well and we would like to keep it as a rental property. I fully intend on educating myself ...
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...
Jason Sinclair
My real estate properties show a profit
I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into th...
Wedding costs have been slowly growing over the past few decades. But recently, after a wild 2020, 2021, and 2022 wedding season, the average wedding cost has hit heights that most Americans simply can’t afford. But w...
Making six figures from one rental property is every investor’s dream, but to achieve this, you need to choose the right investing market, buy the right property, and create luxurious “moments” that other rentals don’...
Mike Webber
Long distance rent collection
Hey guys, I just closed on a long distance rental and have a PM in place. Right now the plan is for them to collect the rent and deal with the any expenses. They will then send me the breakdown along with the cashflow...
Bart Ross
Operating Expenses for deals
Happy Holidays Bigger Pocket Members,First, I am pretty new to real estate game. I have purchased 3 properties and currently have 5 doors but looking to get to 20 doors in the next 18 months. I have tried to follow th...
Mark Betche
Depreciating Investment property
I just read in a book that you can depreciate your investment property. Does anyone know the formula for doing this?
Steven Hume
Cost Segregation Discussion
Hello all,I am currently looking to network with commercial real estate investors in the Houston, Tx area. I want to hear opinions on cost segregation and advantages/disadvantages of the process. I enjoy having these ...
Natalie Stanley
Opening a real estate brokerage with a non-broker partner
Hi! I am hoping to see if anyone has advice on opening a brokerage where one owner is the broker and the other owner is an investor. I am a rental property investor and have about 35 properties. I am opening a brokera...