Matthew Brown
Cost Segregation Study Worth It?
I own a 3-unit multifamily property in Elizabeth Port, NJ. I got a study appraised (I haven't committed to the appraisal yet) that claims they can write off anywhere from $76,000 - $117,000. A couple of questions:Does...
Wesley Sherow
Developing a Boutique Hotel
Hi Bigger Pockets Community! I am entering into an excellent deal renovating and redeveloping a historic boutique hotel in Albany, New York. I am looking for others who have done similar projects to chit-chat with and...
Vidit Maini
Starting my small business
Dear BP family, I am finally on my way to start my small business. I have setup an LLC as a C corporation. I have the option of turning it into an S corporation. Year 1, I intend to keep my W2 job while i work to get ...
Rud Sev
High level of taxes for syndication
Hello,I am new to the world of syndication (LP investor) and want to understand how taxes at a high level for syndication as LP before asking individual specific questions to my CPA.Notably, I want to understand how p...
Jake Hedrick
Help me analyze this deal
Thanks in advance for your help. This would be my first deal. The way I am running the numbers it seems this house barely cash flows. It doesn’t meet general 1% or 50% rules. I have passed on a couple of opportunit...
Kade Calhoun
Need advice on investment property
I am a 19 year old college student from Edmond oklahoma and my father and I have been talking about investment properties for a while now. We've decided that were are going to buy a family home behind the college that...
Luke H.
Tax Accounting for 100K Rental Property Remodel
Seeking help/advice on doing accounting on this major remodel. Tax Accounting for Rental 100K Remodel. In 2019 I started a remodel and finished in it 2020. What are the best ways to handle the expenses, rental income,...
Jon Mason
General Partnership or LLC
For purchasing properties (buy and hold) with a business partner (not my spouse) is a general partnership or an LLC the better choice?I've always thought an LLC was the way to go, but we were chatting with a lawyer an...
Jon Martin
Does Cost Analysis, Bookeeping, Budgeting etc Count as Material Participation?
Next week I am planning to do some extensive year end cost analysis on my expenses so I can figure out how much is going towards cleaners, toilet paper, coffee, misc expenses etc. Can I count those hours as Material P...
Tyson Hosey
What do smaller banks look for to refi?
Hey BP, I'm under contract on a property (sub30 club woot woot). I'm securing the property with conventional financing with myself and my wife on the loan and title. I'm aware of the hassle/risk of transferring ...