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I reached out to my accountant about doing a cost segregation study in order to utilized the accelerated depreciation, and he said that it’s usually very cost prohibitive and is hard to justify unless you have a very ...
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Hello.
I'm a board certified doctor in the NY area looking to open up another location.
I found a place that seems to be offering a good deal, but I would like the help of others to help me analyze the specifics...
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I think I might be blowing my own mind right now..."conventional" wisdom says max out your 401k contribution to lower your tax burden. 2013 was a good year for my 401k balance as the stock market was red hot (i have a...
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What is the current status of the eviction moratorium in Minnesota? What, if any, protections do landlords have?
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Hi everyone!I would like to say hello and want to express my gratitude to all of you that make this site amazing! Seems to be answers for just about any question!I am very new to the real estate investing and am reall...
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Had to do my first evictions the other day. Not fun. Exhuasting actually, and dirty. I removed 5 pigeons from the attic of my resently purchased 3 family. Non-payment, cleanliness and noise were all issues with the...
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I didn't want to start a post just asking for CPA or attorney recommendations but rather what are some red flags or bad experiences you might have had with these professionals along the way that I should look out for ...
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I was listening to the newest BP Podcast (218) and the guest, Erik Stark was talking about an interesting strategy of seeing hidden value in properties that you could potentially re-zone. He discussed re-zoning singl...
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I am a live-in landlord, I rent out the rooms to other tenants. There is 1 roommate, she has been here for 5 months, me and her are both females and early 20s. Before she moved in, she did not ask us about any accommo...
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Whats your position? Replace things before they break (proactive) or don't fix what's not broken (reactive)? Also, when do you know if something is nearing end of life? What's your average life span for the following:...