Christian Solano
Recent College Grad Looking into REI
Hello everyone! I am happy to have recently joined this community after much consideration.I am eager to start this journey and like many of you, I assume, I have no idea where to begin. To give you guys some context ...
Michael Allen
Real Estate Investment Question
Situation: I currently own a rental with 100% equity. Home is valued at $74,000.00 and currently renting the unit out for $900 per month. I would like to obtain a fixed rate HELOC on my rental for 75% LTV.
Numbers:...
Gabriel Moyers
Single Family Conversion to Duplex
Hi everyone,
I'm seeking guidance on the procedure for converting a single-family home into a duplex in the City of Miami. As a licensed realtor, I've come across many who claim to know the 'do's and don'ts' of this ...
Brant Ingalls
Investing strategies
Hello BP,I am a few months away from being in a position to focus more on real estate investing, and I would appreciate some advice on strategies from people with more experience. I currently have 3 rental properties...
Mark Stone
Eventual loss of depreciation and mortgage interest
Hey Everyone,I was brainstorming about shielding rental income from taxes and had a few questions. Thanks in advance for any help you can provide.Last year I bought a triplex with little money down, and took out an ow...
Felisha McCurry
Continue Flipping or switch to Brrrr?
Since the market has been so hot, we have been taking advantage and fixing and flipping the last few years. It's been great. However, the tax implications/capital gains for flips is crazy! I'm thinking we should re-th...
Nate Miersma
Experienced Real Estate Tax Accountant
Does anyone have a recommendation for a tax accountant in the Kalamazoo area who is experienced in filing taxes for real estate investors, agriculture/farm, small businesses, etc? I use a good office right now, but th...
Julio Gonzalez
Is Cost Segregation Beneficial to Passive Investors?
A question that I am frequently asked is whether or not passive investors are able to benefit from a cost segregation study. The strategy is more often talked about relative to active investors, however with the right...
Deborah R.
Is Bonus Depreciation Worth the Audit Risk?
For 2022, my husband met Real Estate Professional status. I am a high income W2 earner. We filed an extension for 2022 taxes and are just finalizing them now. Our CPA says that if I cost segregate and bonus depreci...
Stuart Gethner
Best Deal Ever?
We just purchased a four-plex in Phoenix, AZ with investor financing. The investor wrote the check plus additional six-thousand dollar acquisition fee for which she will be paid 7% along with 50% of the cash flow, tax...