Investment Info:
Single-family residence fix & flip investment.
Purchase price: $670,000
Cash invested: $54,000
Sale price: $820,000
Contributors:
Vlad Tselnik,
Megan Halter
...
Can someone advise what to compensate someone for advising us of a seller who wants to sell two properties off market? They are very good deals and we plan to submit an offer. If accepted, how should we compensate the...
Dear all,I am readding NOLO's article referenced at the end about how new Tax Law changes 179 expensing.Do I read it correctly that I can write off a car cost (new or used) 100% using 179 expensing?My scenario:- Me an...
Purchased a multifamily, would like to do Bonus Depreciation.I am stuck at the Cost SegregationI see lots of people do 20-30% of house value(without land)example: purchase price $100k, land $20k, other value $80k.if ...
Has anyone ever set up a increasing value security deposit that builds for the tenant and can be cashed out when they depart without arrears or damage. IE: adding 25-50 dollars to the value of the security deposit eac...
Hello,
I am wondering if there are any circumstances in which i can expense in the current year the purchase and installation of new LVP flooring that will be a floating floor? More specifically,
1. Are there any c...
So question - If you were getting a new credit card(s), which one(s) and why? Not interested in miles so much. Some points would be ok if they were significant enough. Just to use and pay off monthly. A friend of min...
Hi everyone!I've been lurking on Bigger Pockets since November so decided to introduce myself formally. Started in real estate when I moved to Los Angeles in 2010- used a generous relocation bonus from my full-time jo...
I found a great property in a great area, at a great price. Air BNB are popular there and people are making upwards of 80-80k year off doing just that. Rents are $2500-2700 according to rentometer but realistically ...
Good morning fellow BP'ers,I'm reaching out to get some opinions and tips on creating a syndicate so I can pool resources and purchase big deals. I'll write up my plan and see if anyone would be willing to critique it...