Phil Contreras
Can I Cost Segregate if I don't have the Real Estate Professional Status?
Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...
Gagan P.
Depreciation Carryforward vs Standard Deduction
Just had a random question pop up into my head.
Given that the IRS requires depreciation to be taken each year, what if a person's only income is rental income, and the AGI, is below the standard deduction amount. Ca...
Muhammad Amawi
Financing strategies and struggles
Hey BP!I was curious to know what are some of the strategies and struggles that you use and face when it comes to financing your properties? Whether it's hard money, private money or the traditional lending route; wha...
Joseph Scorese
How to Find a Good Real Estate Agent and what Traits should you look For
How to Find a Good Real Estate Agent and what Traits should you look For….First off, let me say that there are a lot of good Realtors out there, with many different brokerages. There is not just one brokerage that is ...
Felicia Lucco
LLC for Short-Term Rentals?
We are actively pursuing the purchase of our first STR with a plan to add more. We've been advised by our accountant that each should be purchased in the name of an LLC to protect our assets. The STR experts here advi...
John Squares
Can I sell my Primary home to my LLC?
I know there are pros and cons to selling my primary home to my LLC but my question really goes a little deeper than just tax benefits:I am curious to know if I sell my primary home to my LLC regardless of tax benefit...
Robert Burns
License or Not?
I've been doing some REI in S. Louisiana for a few years and have a few rentals and done so assignment of lease options. I want to step up my REI activity and income and am seriously considering getting my real estat...
Dina Harleth
Do I have any recourse if a property manager mishandles a rehab?
I'm a first time landlord with a SFH that needs rehab. I prefer not to overlook the rehab process myself, so I was thinking of just leaving and handing over the house to a PM I've met with. She'd get estimates, and wh...
Deborah R.
rental applicants with bad credit -give them a chance to explain?
I am managing our first property by myself for the first time. I am doing it "by the book" - Brandon Turner's book. Rent is $1500/month for this SFH. I have two applicants (single mom and a couple) who seemed grea...
Tyler Hubarth
HELOC to fund deals?
Anyone else out there using a HELOC on their primary residence to fund their REI? Both of my buy and hold deals were funded exclusively from my HELOC, which I then refinanced into a traditional mortgage. Because of fo...