Hi BiggerPockets community!!I joined a few months ago, but I just recently started listening to the podcast and finding how helpful this forum can be. I’m excited to engage with everyone to find areas to add value. My...
We may buy a home near by which is in need of renovation. Ideally we would hope for a tenant who would be open to renovations while living in the home and that way the expenses are tax deductible. While not all the re...
I'm trying to find out what my depreciation amount is. I just finished reading "Every Landlord's tax deduction guide." I am brand new to land lording and this will be my first time doing taxes with rental income. I b...
Can I claim 100% bonus depreciation for tax year 2018 on a new air conditioner for a residential rental property?
I am trying to understand what would convince a seller to accept a sub2 agreement aside from being offered more money for property and favorable terms? If I understand correctly, a deed is transferred to buyer, but th...
Hey BP!I am interested in lending IRA funds for real estate projects to interested investors. If you have taken private money or hard money loans before, I am happy to hear about your experiences and any feedback you ...
With the new IRS clarification out for for 20% deduction on QBI for pass through entities, I noticed there is a 250 hours requirement in order to qualify for the safe harbor clause. Can anyone further clarify for the ...
I am new to BP and my goal is to buy value add properties with at least 16 units or more. How do you calculate the cost per unit, what are some things that you look to improve in a value add property and how do you kn...
I am torn with the difference of the two. Anyone who wants to do some explaining here?
Hey guys, I have a family member that has a nice commercial building that's currently rented as a restaurant. It's an attractive building, built in 2003, and has some recent updates (bar addition, new HVAC). The prob...