Rhett Dean
Looking for insight and coaching around my plan.
I am looking for some insight into my current situation. I live in Utah which like many parts of the country is on a huge appreciation terror as of late. I am looking to get my first rental property under my belt and ...
Jonathan C.
Newbie needs advise on a lease option
Hi BP members,I'm a newbie in BP and also new to REI and looking for some advise from the pros here in BP.Long story short, I came across this property (3bed 2bath 2300sqft house with pool on a 7k sqft lot) for sale i...
Kenny Tan
Year-end strategy to lower taxes for landlords
I sold a rental house in 2015 for a 55K gain (after subtracting costs of sale, upgrades, etc). Depreciation recapture was painful. When I finally got a TurboTax Premier and modelled the sale, I was surprised the gain ...
Bob Wa
California - Prop 60 move
As many know, under Prop 60 in California (may not last long in broke CA) I can sell my home and buy a home of equal or lesser value and maintain my current property tax rate - a substantial savings for me as I've be...
Steven Westlake
Has anybody considered having no insurance?
With this last round of insurance increases we are paying almost $50 per month per apartment. I am considering how hard it is to collect anything when theres a problem. how much the deductible is means I’m already co...
Kresh Shehu
Spec Homes and Investor Relationship
Just recently I have come in contact with builders looking for private investors to finance spec homes. Since the housing market around Austin is very good at the moment, they are offering 10-12% interest. Seems very ...
Aaron H.
Gap funding? Does it work?
Hello,I have recently rekindled an old friendship with a friend whom I happened to meet at a local coffee shop one day. We started talking about our careers and he told me that he started a real estate business and wa...
Chris Dawson
Cost Segregation - First Investment Property
Hi, I am in the process of purchasing my first investment property. I am looking at a house close to my primary residence for around 1.8M; I plan to rent it out for the first year while I obtain permits and plans to b...
David F.
Lot Line Adjustment Involving Home Across Two Parcels
I've gone under contract for a home that sits across 2 adjacent parcels in San Diego County. My intent is to perform a lot line adjustment, sell the resulting parcel that has the existing house and build on the resul...
Pesi S.
Is Depreciation Really A Benefit to Rental Investor Or a Trap
Hello,Depreciation is touted as one of the big benefits of buying investment real estate (rentals) . I am not able to understand the benefit of taking depreciation on a rental property. On one hand IRS rules force you...