Angela Rhoton
Own Opportunity Zone Property
I have been doing my own research on this subject and haven't found the clear answer or at least one I like. I have a call into a friend who is a Tax Atty/CPA as well but thought I would throw it out to the community....
Mathew Morford
Is this coach legit or scam
Hello everyone,I am new to real estate. I am trying to learn wholesaling and I am still learning. I know there is a lot of tools here to utilize, but I still wanted to try to learn from someone first so I can get star...
Eric Klug
Need advice on how to transfer condo from one gen to another.
Good evening! I hope you all are enjoying your Memorial Day. The situation: my mother-in-law owns a condo with her sisters and they are looking to pass the ownership on to my wife, her brother, and my wife's cousins....
Michael Rinaldi
New IRC Sec 199A Tax News - Safe Harbor to Qualify
Hi BP Community,Today some tax news came out that is very relevant to the industry. I'm sure many are aware of the new Sec 199A deduction which essentially allows for a 20% exclusion of income earned for business owne...
Brett Dudley
Short term rental loophole then long term rental in the future
Hello, just closed on a new house. If i were to airbnb it out for the last few weeks of December, would i be able to use the short term rental loophole to do bonus depreciation on the property (with a cost seg of cour...
Arda Bircan
Material participation hours for STR Tax Loophole
This post is for the STR investors who are looking to take advantage of the STR tax loophole which allows you to write off paper losses against your active income. There is some confusion about material participation ...
Nick O.
STR Cost Seg/Bonus Depreciation Buying with Partner & other non-RE related income ?'s
Previous post got deleted/moved by BP so apologies if you have already responded. Have some more complex questions was hoping to get some help with:
1. Is it possible to take advantage of the bonus depreciation if bu...
N/A N/A
Investor Needed
Tampa Bay area team is in need of $5 million in working capital to purchase individual real estate properties. As an investor, we would use these funds to purchase properties with you or your company listed as the lie...
Jason K Green
Selling Real Estate in Mexico
I am in the process of getting my real estate license here in Southern California. My wife has a relative in Mexico who has a large beach-front property. The actual dwelling isn't that big, but the land is substantial...
Julian Coltea
Property Tax Implications of a condo de-conversion
I have a 23 unit condo building in Chicago, and I currently own 22 out of the 23 units with the intention of buying out the last unit. I have heard from some people, but have not gotten a definitive answer, that going...