I just read in a book that you can depreciate your investment property. Does anyone know the formula for doing this?

I can't deduct depreciation of rental SFR as I does not qualify as "active" real estate investor because I have full time day job and SFR rental is only part-time.When I sell this rental SFR, I recapture depreciation ...

I am a newbie investor and I need help, I don't want my 1st deal to be a nightmare. I'm looking at purchasing a 12 unit multi-family senior living facility. This business is already fully staffed and up and running Bu...

Hello to the BP community! In the past year I’ve read a number of BP books and have learned a lot from the forums. I just took the plunge on the Pro membership and have been analyzing deals with the various calculator...

One of the most common frustrations when choosing a real estate savvy CPA is not knowing how to tell whether he knows his stuff. Here're some sample questions to test his technical competence, in any order:
We're mak...

Apologies in advance for being so long winded. We are hoping that someone can advise us of the worst case scenario if we decide not to move forward, amongst a couple of other questions along the way.Here's the deal......

Hello all, my name is Travis Williams, I am from the Upstate of South Carolina. I have recently started to save for a down payment on my first rental property. As I am sure to make a ton of mistakes, I wanted to join ...

Hello BP! I am currently in escrow on a duplex in LA County. It consists of a front house, and a back unit attached to an unfinished garage (all built in 1930s). The listing/ LA county assessor lists the back unit at....

New investors here. We purchased a flip in our own name with cash. Have been paying for rehab costs out of our own personal account. I now have a newly opened LLC w/ tax ID and associated bank account, but haven't tra...

What would everyone say are the pros/cons of just buying a bigger property 8+ units on the first purchase?