Im looking at buying a SFR home as an investment. If I buy a home that needs significant repair, what can I deduct and is there a limit?
Hi all,I have a question regarding bonus depreciation. I purchased a 14 unit last year, and one of the units was down. I had to paint, replace floor, add a kitchen countertop and cupboards...Do all these qualify as bo...
We just got a great house under contract in Palm Harbor, FL. We are looking to raise $274K to fund this deal. This will be an 8-bedroom Airbnb that is 8 minutes to the beach. This was previously an Assisted Living fac...
Here is the article that suggests that you can use home for inventory storage. I would love to do this but not sure if it would put personal assets at risk in case of a lawsuit for example defeating the purpose of hav...
Hey BP. Should I make 2bd 1 bath in a quiet town 35 minutes from the big city a MTR with 2 queen bed sets or 1 queen and make the second bedroom an office or even an entertainment/exercise room? Thanks for your answe...
Did you know that you can increase your cash flow simply by utilizing accelerated depreciation of your real estate property? By accelerating your depreciation schedules, you reduce your taxable income which in turn in...
Does anyone have an idea of the cap rate for a 3-tenant office building, about 4,000'sq., on Orangeburg Rd. not far from Central Avenue in Summerville South Carolina? Basically Knightsville. Six year old building prod...
What do you think will happen to the real estate market in Kenosha post riot/looting? What has happened to the RE markets in the past after looting was done in other small cities?
Hi! We've just set up an LLC for our RE company and were recommended a tax accountant to use for the initial Balance Sheet and tax prep. He's charging $400 for the initial set up and to create a bill of sale for asset...
Hey folks,I'm shopping for my first property that will be a house hack so I will be an owner occupier with roommates. I know there are exceptions to fair housing when you live in a property since the tenant will be yo...