Are you navigating a Sec. 1031 exchange or facing deferred tax gains and looking to understand how to optimize your deductions?Today I wanted to share with you how to maximize deductions on like-kind exchanges using c...
Hello BP! I'm looking for a method you use to analyze rental properties that is better than or different from "The Four Square Method." The four square method (https://www.biggerpockets.com/...) is coined by Brandon b...
I need help with a tax
question - I bought a house with my father to flip at the end of last year. So,
by government classification we were a general partnership at the time. We
financed the house using a loan in o...
Hi all, I'm just now getting into investing out of state. (I'm currently in San Diego, CA). I've been trying to find properties to BRRRR with but finding most of the properties on the market don't fit BRRRR criteria...
I've done a lot of investigating and found that if there is one thing that will kill a real estate investor, it is CapEx. CapEx has been dubbed the "Silent Investor Killer" because many investors don't a lot enough to...
BRRRR seems to be a very popular method to acquire rentals these days. Do you think it's likely the BRRRR method will not be possible in the next housing downturn? Also just wondering what is the history of BRRRR? I'm...
Hi all:I had just heard about a Sandless method of refinishing wood floors that costs half the price of the regular method of sanding then refinishing. Has anyone had any experience with using this method? If it is ...
I am buying a unique for sale by owner property. It was originally a church connected by a semi-underground tunnel to the rectory. It was then remodeled into a 3 story single family home connected by the tunnel to a d...
Hello,current situation: I’m military and wife is a realtor. We Live in our primary home that we would like to stay in for at least 5 years. We own 1 condo that cash flows $400 a month after all expenses etc.
questi...
I had a new hvac system installed in 2014. I depreciated a portion of the asset according to MACRS. Now, in 2015 I received a rebate for the HVAC system. Any thoughts on how to handle this in my books and tax wise? Th...