Calling out all experts!I would like to start Out of State investing using the brrrr method. Does anyone know any online coaching service for OOS investing especially using brrrr method? I have set my specific paramet...
How is land appraised to calculate the cost basis for depreciation?Do they use the purchase price of the land ?
Everyone makes mistakes now and again when filing a tax return whether it be forgetting a deduction, missing a portion of your income, or improperly depreciating an asset. The IRS has multiple ways that these errors c...
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Is there a way to open up llc for free or at least a lot cheaper then have a CPA do it???
For the first time this weekend, I took a couple hours and drove a couple neighborhoods and came up with a list of homes that I want to target for off-market lead generating.
My ultimate goal is to buy these homes f...
Hi All,I am currently looking to buy my first investment property, and I believe the owner occupancy method of acquiring rentals to be one of the most feasible methods. The alternative for me would be to keep saving f...
hey there everyone, my name is Brent and I’ve been studying to be an investor for the past several months. I’m becoming more and more confident in the Brrrr method and am hoping to structure my portfolio around this i...
I just received an email from my accountant that basically stated the IRS has made some sort of change that will require investors to file a Form 3115 or they may be subject to a higher taxable income due to less dedu...
MARCS or straight line depreciation. So as I understand it if I use MARCS I will be on the hook for more in taxes when I sell the property vs straight line depreciation. Still with that in mind what is the preferred d...