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Results (7281)
Michael Doucette House Flipping Tax Question
27 September 2020 | 3 replies

Hi everyone, I am new to Bigger Pockets and had a quick question. I was wondering if we use a personal loan to purchase a cheap foreclosure and use that to purchase the property as well as use it for the cost of repai...

Kent Lutz Structuring a deal
2 September 2016 | 2 replies

My buddy and I are partnering on a single family property. I am providing the down payment ($10k) and he is using his credit. He will be living in the home for the first 2 years, so he will be paying the mortgage for ...

Curt Smith rent collection system based on least likely to loose my rent?
6 November 2017 | 5 replies

Some here may have read the Erentpayments blow up thread here.https://www.biggerpockets.com/forums/52/topics/499...I'm suggesting discussing a better / best rent processor be its own thread.  Other threads here focuse...

Adam Aust What counts as rental income for tax purposes
13 June 2021 | 5 replies

I’m preparing to buy my first rental property soon. My question is about the taxable portion of the rental income, specifically, money that is set aside for repairs, vacancy and capX. Is that money considered as incom...

Curt Bixel Crumbling Poured Concrete Foundation
2 September 2020 | 5 replies

I got an email from a wholesaler regarding a property in an area in which I would very much like to buy.  It is a duplex, and I have another duplex less than a quarter of a mile away, that is very clearly of the exact...

Kev Li Filing for the STR Loophole
24 June 2024 | 5 replies

Hello, a lot has been written about the "STR Loophole".  My situation is that my STR averages less than 7 days, I have material non-passive participation, so that I qualify for the "loophole".  I do not provide substa...

Wendy Lin What qualifies me as a real estate professional?
11 July 2017 | 6 replies

Hello everyone, I have a question in what sort of activities that can qualify me as a real estate professional.

I have a few rental properties and my rental income is my only income. I only spend about 2-3 hours p...

Melissa Man Housing Market in Dallas
8 December 2018 | 22 replies

How is the housing market in little elm, Denton co. Is it on the rise or slowing down, like Plano and Frisco area. I just purchase a new build and it’s been a few months I’m the only one on my block. I’m definitel...

Dan Johns Exchange from High value to Lower value RE
27 March 2018 | 6 replies

My wife and I have been following Bigger Pockets for the last couple of years including a few podcasts. I’m writing because I need a sounding board. I’d been involved in REI a number of years ago and in the 2008/2009 ...

Tom Nguyen Is it good idea to show Huge depreciation after cost segregation?
26 May 2022 | 13 replies

Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA  recommend not taking all deprecation  because He/she not comfortable with all the pap...