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After just going through my 2013 taxes and now looking ahead to 2014 I have a question about repair vs improvement in the eyes of the IRS. At what point does a repair become an improvement?
I know that if yo...
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Hi All,A few of my trusted friends and I are planning to create a fund to flip homes. All purchases and sales will be cash only. Would the best and simplest type of structure be a joint venture? Anyone here who has do...
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Low occupancy can be the most damaging obstacle property owners can face in their properties given for lease. Having many vacant units or units with few tenants can profoundly impact the cash flow plan, ability to cov...
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Hey Indianapolis! The Indy forum is a bit slow, so figured I would post something to get some conversations going. What is your favorite mindset book, and why?Recent favorite of mine is The Infinite Game by Simon Si...
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Made an offer on a property that matched the seller's asking price. Seller likes the offer but would want to close on the property in 3-4 months from now (January 2019). For some tax related situation he does not wan...
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Hey BP Fam, I'm having a hard time finding a bank that will do HELOCs on rental properties in the DC (DMV area). People have mentioned that I might want to try a local lender or credit union. I'm not a part of any cre...
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So my family and I bought a new build home dec 2015...home prices were going up at the time from when we originally started looking after my wife and I got married in mar 2014, but we were comfortable with the price w...
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This will essentially be our first STR after our tenant moves out in the summer. During this limbo period, what should we do?-look for a real estate focused CPA, any recommendations?-cleaning crew. How do we find a ...
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As a property manager, my responsibilities extend far beyond simply managing day-to-day operations; I'm also involve protecting the long-term value and profitability of my landlord's investments. Handling home warrant...
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Hi BiggerPockets Community,
I'm preparing to rent out a 2-bedroom, 1-bathroom unit to college students and would love some advice on how to furnish it effectively. What are the essential pieces of furniture and ameni...