I’m a new real estate investor who is in the learning/planning phase! I live in Charlotte North Carolina and should I file for a LLC before I purchase my first property? I want to receive the tax benefits and protect ...
I am talked to over a couple hundred people over the past year and for those people SAVING less than 30K per year after their day job should invest in rentals or turnkey rentals in a market like kansas city, memphis, ...
Hi I have rental, operated under LLC. I also do wholesale and the wholesale business is operated under the same LLC.
Do I report both on Schedule C as business or do I separate them, rental in Schedule E, who...
We want to invest in a second home near lake Tahoe to use as a family vacation home. To offset expenses, we want to rent it out as STR. We want to take advantage of Cost Segregation and Accelerated Depreciation in 202...
Investment Info:
Large multi-family (5+ units) commercial investment investment.
Purchase price: $825,000
Cash invested: $200,000
Contributors:
Robert Musallam
Acquisition and Exit St...
Hey everyone, I'm starting to dive deep into the tax benefits of REI and I had a question regarding a cost segregation study and accelerated depreciation. I purchased a long term property in 2022 that has been run by ...
Hello All!I am very new to REI and luckily stumbled upon BP and this community only recently! I've been in the corporate world for little over a decade, doing finance/banking, consulting, etc. While I do like what I d...
Hi guys,For everyone in the Minneapolis-Saint Paul area, what are some of your favorite Hard Money lenders to use? What experiences have you had working with a hard money loan? and what is your best advice when it com...
Planning to invest in first property. If I don't qualify for a loan to support a duplex purchase, my next option Is single family. Now my plan will be to obviously live in it which would take away the house hacking op...
I'm just a few weeks into the 6-12 months I'm giving myself to get educated on REI before I have access to capital and start making decisions and (potentially) taking action.
Generally, I plan to
- spend most of my...