Paul M.
Choose insurance agent that specializes in real estate?
I am have two insurance agencies to choose from: one of them puts themself out there as "specializing" in real estate and the other is a general purpose one. I've done business with both of them through companies I w...
Allan Gibson
Liability insurance on properties own by a solo 401K Trust
I would like to hear from any knowledgeable members who a solo 401K trust. My question is how did obtain liability insurance on rental properties that the trust owns? Also can the Trust be sued for issues that arise...
Mike H.
ShortTermRental + 9-5 W2 Job. Can I claim Home Office as primary?
Hello.I have a duplex where I live on one side, and rent the other side on short term rental (considered as an active business for the IRS). I also have a regular full time 5days/week job on W2 at company X (single of...
Ramesh Ganesan
Can I deduct my rentals losses from my W2 income.
Hello Folks,
I have an SFRs, not thru LLC. I did Airbnb and I got $8000 negative, This was managed by me actively. My tax guys sayst that it cannot be treated as active. so cannot be deducted from my w2 income. Any...
Julio Gonzalez
Real Estate Tax Strategy Deadline Approaching!
Did you know that you can claim up to 100% bonus depreciation for certain properties purchased in 2020?
If you’re not familiar with this tax savings strategy, bonus depreciation is a form of accelerated depreciation ...
Anthony Pantuso
Quit Claim Title to LLC question
Hello Bigger Pockets Friends!
I purchased my first 3 rentals last year and this year part of my goals are to get them stabilized. A step in that direction is to transfer the titles to an LLC in which I am the sole me...
Dylan Petrick
Quit Claim Deed Refinance Gift Tax?
Hello, this is my first time posting but I have been reading articles for a long time. I have found a few similar to my question but not exactly what I am looking for. I have an opportunity in the future to purchase...
David Beardwood
What is a Non-warranty Deed and how does it a affect me?
What is a Non-warranty Deed? What does that mean to me if I get one with a property?
Preeti Tibrewala
My tenant wants to fill the role of onsite manager
I own a 5 unit apartment building in Berkeley, CA. A long term tenant wants to play the role of onsite manager. She claims that the laundry room and trash cans needs upkeep.She offered this service to get some discoun...
Andrew Dudun
To Fix or To Sell (or Both)
Hi Everyone,I am looking to see if anyone is able to offer any advice on my current situation. Any help would be greatly appreciated!I currently reside in Chicago and bought my first property, a duplex, in August 202...