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I need to infill a few units and I'd like Uncle Sam to help. Anybody know of a successful strategy to accelerate depreciation on a unit or two? I'm currently a sole proprietor, not a C-corp.
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Hi everyone, glad to have found BiggerPockets. I've only been on here a few weeks and have already expanded my knowledge exponentially. I just turned 30 a few months ago, and currently work as a grant administrator fo...
Hello friends! I was talking to another driver about savings and he told me he had some property he rents out using the services of a management company. I'm homeless, living in my truck with about 20k in savings. No ...
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I am looking at a live in investment property that has hail damage on the roof. It is liveable however I don't believe that my lender appraisal will grant the roof insurable, in turn voiding my contract with the buyer...
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tomorrow i filling my first step to evict a tenant from hell. if you guys see my last post you will understand where i am. learned my lesson! thank you all for the advice! i will update this blog as it goes.currently ...
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Recently, I got the news that I would be moving from California to Florida for work, specifically Brevard County. I've been sort of lurking in the forums (didn't even create an account) for awhile now and playing the ...
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This is for all the 'co-own curious' folks out there.I recently started a project aimed at making it easier and more affordable for people to co-own (and manage) homes together. If you have a property (SFH multi-famil...
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Cash Value Life Insurance VS Self Directed IRA
I know the two aren't usually talked about in the same breathe. Each would be compared to other products in the same wheelhouse. And they would be introduced by very...
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Hi everyone, I live in Pa, and I was wondering about starting up an LLC. So I’ve read I have to start an LLC in Pa because it’s where I reside, but I could create an LLC in a state, let’s use Wyoming for instance, tha...
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I'm a single property landlord. Tenant recently moved out and the pets left a bunch of claw marks in the paint. The paint was last done in 2017. This tenant moved in 2019 and the walls were in good condition minus nor...