Has anyone recently taken advantage of 100% bonus depreciation through a cost seg study to avoid having to do a 1031 on a large commercial property ($1MM+)? If so can you please message me or post about your experienc...
About a year ago we took out a $2.6M loan for a commercial property. Things got really complicated with the deal and construction took much longer than anticipated. This, coupled with a reduction on the price of the p...
How would one assign a seller finance contract. What would be all of the steps. Would you enter into a promissory note with the seller and then assign that to another person?
Based on responses on BiggerPockets, I've realized that addressing these two concerns is not necessarily complimentary, one can cause problems with the other. In Brandon Hall's article on tax planning "Higher Earner V...
With the housing market so crazy, where are people finding deals for short-term rentals these days? I prefer places out west in the mountains, but I’m open-minded. I spent a lot of time looking in the Smokies and am m...
So I'm looking at purchasing a Brand New Duplex that comes with Fridges/ Washer & Dryers on each side for 285,000 which with a 3.5% down payment with an FHA loan will put my mortgage around $1900 so lets say $200...
Real estate investing can be an incredibly lucrative venture, providing the opportunity for savvy investors to build wealth and secure financial stability. In this competitive market, it's crucial to stay ahead of the...
Was just reading through Will Barnard's sticky post on wholesaling and one poster in the thread asked something like, "if Wholesalers are finding such good deals, why do they need to wholesale them? Why not buy them a...
The time has come for some exterior repairs on my rental property. We have owned the property since 2006. Lived in it for 8 years and have rented it out for the last 7. Interior is up to par with the market minus some...
I'm almost done closing on a duplex (Long Island, NY) with Section 8 tenants. Each side of the duplex has 3 bedrooms, 2.5 bathrooms, washer/dryer, and dishwasher.
Each unit has a family of 5 living in it.
Would it m...