Lucas A Riemens
Creating a secondary business
I am considering forming an LLC for landscaping and a second for construction. The thought being that it would create additional tax breaks when purchasing equipment etc that would be mainly used to maintain my prope...
Diane G.
Furnace questions please
Furnace experts - please help...I am looking for replace furnace for a rental unit soon... It is for a 2/2 condo that is currently renting $4500 a month...1. what brand is good2. How much BTU is good3. what is the cos...
Alis B.
My Commercial Renter Using Exact Same Collateral Equipment for Two Different Loans - TX
My commercial renter is now acquiring another loan and the company is asking for me (landlord) to let them obtain said equipment in the event of default. But, the list of equipment is the exact same that was on a prev...
Chris Blackburn
Cost Seg? Buying a 170K sq ft refer plant, with $10M+ equipment.
(Refrigeration - Not Cannabis) (shame on you;) (well we are in Oregon)We are buying a manufacturing and refrigeration warehouse with at least $10M worth of older equipment that we cannot use. How does cost seg work...
Chris Simmons
Reduced Rent / Pay Tenant for Grass Cutting & Snow Removal
I'm a recent lurker, first time poster. I purchased my first investment property back in September...an 8-unit building. The previous owner was a bit laxed in his management style. He did not regularly increase ren...
Tyler Green
Un-grounded Outlets burning out laptop?
I am a few months in to my first buy and hold property. I purchased an older four unit building that needs work and I am prioritizing work and upgrading when I can. The outlets are not grounded and I was aware of this...
Mike Carino
Anyone experience with a food commissary
Complete newbie to the warehouse world, so I am hoping fellow BPers can point me in the right direction and start asking the right questions, point me to the right people, podcasts, and books that can help.I am consid...
Franklin Thomas
I am a landlord who rents out a garage.
I rent a garage out. In the garage there is a vehicle lift which as of late is now broken. I feel it is due to lack of maintenance on the tenants part. There is a clause in our rental agreement which states maintenanc...
Cara Lonsdale
Depreciation - What the heck??!
A few questions...........To what extend does depreciation really affect a person's taxes/capital gains on a property when it is sold?Does it benefit or harm a person to claim LITTLE TO NO depreciation each year on a ...
Kelly Hering
How Do I Deal with The Expenses across Multiple Flips?
Hi! I am new to BiggerPockets, but have been partnering on a couple house flips in NJ. We always do full teardown and new construction. We started out flipping only single homes at a time, but now we have 5 projects g...