I am just starting out in Real Estate Investment. I have gone to some training courses / Seminars that taught that though Assignment/Wholesale Deals are technically Illegal in Utah, the way around it is to remove li...
I have some expenses which could go either way on de minimis safe harbor or to capitalize and depreciate to deduct. Assume i bought a rental house for $100,000 on Jan 1. Land is worth $10,000 so depreciation is $3,272...
hey i'm a new member here on BP and i can say this is the best thing i did by becoming a member i've learned some much in a short period of to can't wait to learn more things thank you
Hi BP, I am new to RE investing and am eager to get started. I was curious about joining Brandon Turner's Better Life tribe and/or Pace Morby's Mentorship program. If you have any experience with either one I would lo...
Hi BiggerPockets community,This is my first post but unfortunately, not a post with good news. I found a builder/developer that was advertising new build duplexes in an established community. The city where the new ...
Hey BP family,I have a Primary SFH that I lived in for 2 years, moved out, and have been renting it now for about 2 years. I plan to refinance it soon to get a better interest rate and to get rid of the PMI. Can I s...
I have an LLC setup as an S-Corp. I made payments at closing that are listed on the HUD to my HML (which is an LLC) at closing for loan origination fees, credit fee, doc prep, wire fee, courier that totaled more than ...
I own a rental property. Do I need to get the tax data on everyone that does work for me for over $500? Even the yard guy?My tax lady said that I needed to do 1099 for painters, etc.This sounds silly. What do I have t...
Good evening and happy new years eve! I recently purchased my first property and I plan on house hacking by renting out the mother in law suite in the lower level of the property. The property is zoned as a single fam...
Hi folks - looking into investment properties in the Tampa area for short-term rental (AirBnB) purpose. I am aware Hillsborough county is more liberal towards 7 days or less STRs but wanted to double check if anyone i...