Glenn Cosburn
Form 4562, MACRS depreciation for AIRBNB capital improvements
We spent $40,000 to restructure our house (basically combine two bedrooms to an airbnb unit). I assume I use form 4562 to report the start of depreciation of these capital improvements. If so, I was wondering how to f...
Gina Shumway
Insights in other's BRRR model with investors
I have decided to switch the the BRRR model. I have 2 investors who plan to do this with me for a minimum of 5 years. I have some questions how others have done this with the following:Do I create an LLC to outline wh...
Zackariah Cole
N. Kentucky (Cincinnati) // Spanking new ADHD investor 🤠
My name is Zackariah. I am a former firefighter and architectural and portrait photographer. My wife and I moved from Montana to Northern Kentucky 10 years ago, though I'm originally from North Central, Ohio.
It was ...
Account Closed
BRRRR: Can a freelancer get a refinance on a paid-off property?
I have been reading about the BRRRR method of investing, and I am very interested in trying this in the future. However, there is one step that I need some clarification on, refinancing.Currently, I have a W2 job, dec...
Edgar Monroy
Beginning investing journey in Houston, Tx
Hello BP. Im starting out my investing journey more or less. I have a primary residence that was deeded to me by my father 100% paid off. The plan is to rent this house out and move in to another in order to add that ...
Mike M.
Annual Bonus Check - Changing Witholding to "Exempt" a bad idea?
Hey all,I have a regular W2 job that provides a substantial bonus check annually. Over the years I have heard of gossip that changing my withholding for this single paycheck is the best tax strategy. My employer combi...
Mitch Vogatsky
Cutting back on 401k to focus on saving
I’m looking to hear some thoughts on cutting back on my 401k in order to put more money towards my savings rate and invest it in real estate and other areas where it is accessible to me. I currently max out my 401k wi...
Floyd Vick Jr Diaz
Any methods to run numbers on property’s ?
Hello my name is Floyd DiazI would like to get into the business of Real Estate Investing but I’m fairly new as with everyone when they start out. I just would like some tips or methods or strategies to employ when I ...
Karoline Kaon
Can I Cash out refinance my home for an out of state property?
My husband and I recently purchased our first property in Florida with cash. I will move to New York for graduate school and plan to buy a home using the BRRRR method. We hope to homestead the house in NY and retain o...
Andre Brock
Delayed financing strategy?
Hey any of my Milwaukee investors in state or out state employing the delayed financing strategy? where you able to scale with strategy?and lenders you would recommend that’s been helpful to your business.