Kumar Gaurav
Impact of upgrades on tax/depreciation
Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
Ashley Rothacker
More Complex Tax Deductions for Airbnb Income
Hello! Wanted to discuss the more complex tax deductions for short term rentals/Airbnbs. The two STRs I own are 100% exclusively used as STRs. I'm familiar with all the basic deductions i.e. cleaning fees, utilities, ...
Justin Tomsic
Pull equity from home or self or profit
Hey guys just a little background, I’m a first time owner, I’ve had my home for almost 2 years I refinanced recently to cut out PMI and lower interest rate 1%. Now that I’m coming up on 2 years and not having to pay c...
Nathan Shankles
Can an LLC get a traditional 30 year mortgage like an individual?
To potential partners approached me about joining them and establishing an LLC to Byam whole rental properties. My question about buying and holding properties in LLC is can we get a traditional 30 year mortgage in an...
Henry Clark
Self Storage- Cost Segregation Basics
Would prefer to write a post on how we cleared 8 to 12 inches of snow at 4 locations in 4 hours, but that's not going to happen. Have about 3 inches on the ground in the last 3 hours. The rest is supposed to fall thr...
Ana Vhan
Which home type is better?
A big hello to this wonderful community !!We are going to buy a property for purely rental income in Phoenix AZ area with good schools. We plan to keep the property forever. We are not local so we will be managing thi...
Tushar Shah
Multiunit Bld - 100 years Old - Diligence Required
Hello BP Members,
I am under a contract for a 8 unit building came on MLS few days back and was hoping to get your opinion on few technical/diligence things given the communities vast experience in investing in mult...
Sarah Miller
Working with CPS?
Hello! We showed one of our properties to a women yesterday and her 2 kids. She really liked the place and asked if we would be willing to work with child protective services. She said that she is displaced right n...
Wesley Thompson
What I learned on my first investment property (so far) Part 1...
Yesterday I closed on my first true investment property. I have another which was a primary home, so I don't count it. This one was purchased with the sole intention of being a cash flowing investment property. Having...
Jason Kent
Current Fix and Flip - Indianapolis
Investment Info:
Single-family residence fix & flip investment in Indianapolis.
Purchase price: $100,000
Cash invested: $35,000
Single Family 3/1 with minimal attic space, only about 1400 useable...