Dear all!,Does electric fireplace replacement count for repair or improvement?The real question is can I deduct the expense at once or must I depreciate it from tax perspective?Thank you-Alik

Hey Guys, So I've been trying to discover a way to raise capital for real estate investing using other peoples money. And after consulting with multiple lenders  I now know that most banks wont lend on a property if t...

Ok BiggerPockets Community, I am trying to figure out which is the right state to form a new Management LLC in. However, I cannot find reliable information online without somebody trying to sell me something. I really...

My wife and I recently purchased a single family home. During the home inspection the inspector noticed that the furnace was constantly leaking(dripping)water. He also notice a wet spot under the oil tank; he said th...

Hi BP!I am 1 year into a property I 1031 exchanged into. I was given an offer to sell (and seller finance) I can't pass up. I understand from 1031 rules that I need to hold the property for at least a year to keep the...

Hi BiggerPockets,

I am a newbie looking to purchase my first rental property in the Greater NYC/NJ/CT area this year. I have a significant amount of interest from private investors and see myself being able to raise...

Greetings everyone,

First of all, I must say that I am very impressed with the amount of useful information that can be found on this site. I recently started reading and learning about RE investment specifically Su...

Has anyone partnered with Rick Wheat & Jeff Kaller in their “Making the Shift Into Commercial Deals” Boot Camp?

If so, what were the terms/percentages of the partnerships [he doesn't state the percentage in...

Hi Everyone, 
We were hosting 3 monthly meetups on the Northshore in Massachusetts (Lowell, Woburn, and Salem) Pre-Covid. Our last in-person meetup was on 3/12 but we were getting a little over 60 attendees. We moved...

I recently purchased a 3/1 home in El Monte, CA that came with a 350 square foot 1/1 ADU.  Build condition looks pretty good but its old so I'm unsure if it will meet code.  Can anyone provide insight or share their e...