James Likis
Tradeoffs: amending taxes with cost segregation & bonus depreciation
When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
Aaron Miley
Questions Creating a Syndicate, am I being fair?
Good morning fellow BP'ers,I'm reaching out to get some opinions and tips on creating a syndicate so I can pool resources and purchase big deals. I'll write up my plan and see if anyone would be willing to critique it...
Stephanie Anson
3 bedrooms with huge mst bath or 4 bed and smaller bath, WWYD?
I am getting ready to purchase a home and would like to get opinions on what other people would do. The home was built in 1987 2500 sq ft and is currently a 4 bed 2.5 bath with a bonus room. The current master ba...
Billy V.
Sacramento Flip
Hi Everyone,
Here is my latest flip in Sacramento. I wanted to thank the "BP Nation" for all the advise.
New Roof, New front porch, paint everywhere and remodel of the kitchen and bath.
1 month to rehab. Offer ...
Account Closed
Buying a property in 2025 - Bonus Depreciation?
I've already lined up a property to purchase in 2025 for roughly $450,000. I am a full time real estate professional and my spouse as a state employee W2 paid job. I plan to keep this property for the long run and am ...
Vikranth Biradar
Accelerated bonus depreciation for short term rental
Hi all, I am looking for some expertise from STR landlords or accountants. I currently have W-2 earnings and realize that I can buy a STR, spend 100 hours fixing it up and staging it, and perhaps manage to get a few g...
Brie Schmidt
Property Management incentives
I have a PM who manages my out of state properties and overall is great. Repairs are taken care of quickly and at a good price. The communication with me is great and I am happy with that..... but recently we have h...
Anna Washburn
Agree or disagree....
Investors should be focusing on appreciation and not cash flow with rentals in this shifting market...
Jonathan F.
Seeking advice regarding purchasing 2nd home
I was hoping to ask you all a money/real estate question. It has to do with buying a second home (primary residence).
Here’s the scenario: I’m active duty military and currently live overseas. My wife ...
Nick Coons
Flipping & Tax Strategies
I know that with flipping properties, the profit generated is taxed as ordinary income. And it can significantly increase one's marginal tax rate.Other than the basics of running a business (operating as a pass-throug...