Rehabbers and builders can rack up a lot of credit card spending on building materials. What's your favorite rewards card for big spenders? Why?
Recently, I purchased two multifamily apartment buildings. They are value add opportunities and require rehab/renovations. The idea of cost segregation came up regarding accelerating the depreciation costs. At what po...
Hi,I am considering selling my rental property which I purchased for $380k 11 years ago and currently has a market value of $330k. I am not breaking even on the rent, hence rather sell. I am married with combined yea...
I am hoping that a CPA might respond to this post. I'm going to sell a rental house via owner financing and I'm playing around with various loan amortization schedules to settle upon loan terms where I wouldn't pay an...
Hi BP,I’m a new investor who started my journey January of this year. My dad/mentor/private lender has walked me thru my first rental property purchase. Each time I asked the right question he offered further guidanc...
Hi all,I purchased a distressed duplex that cash flows well at $850 per unit in rent. One side was vacant and needed a good bit of clean up. I did some rehab work that still gives me a nice 26% cash on cash return. ...
Any suggestions on a "Cash back credit card?" If you recommend using one or if you know of one with a great rate.
Cost segregation is an amazing tax savings tool. Many know the standard benefits such as accelerated depreciation and bonus depreciation. But did you know that there are multiple other added tax benefits of a cost seg...
Hi,Firstly, I really hope this doesn't turn into a heated political debate. I'm opening this thread to discuss real estate, not politics and policies.As someone who is looking to get into real estate I'm now questioni...
Looking to buy a multi-unit property in the DC area. Some properties require a prequal letter just to see the property and my realtor referred me to his lender to provide the letter. The lender asked for tax returns ...