Many investors think that if they don’t qualify for REPS status, they won’t be able to benefit from a cost segregation study. However, there are multiple ways that you can still benefit!
A cost segregation study is a...
I just had the privilege of going through my first tax audit and fortunately came out with a no change. However, I wanted to take a second to remind any investors who are still gainfully employed, and self manage thei...
Hello Everyone,I recently heard a guest on Brandon Turner's newest podcast discuss their STR strategy when working with Doctors. The gist is that their clients (primarily doctors) purchase homes at the end of the year...
When you’re in the process of saving up for a down payment (20k-100k)... what do you do with the funds?1. High yield savings account the whole time2. Invest in conservative stocks/bonds, withdraw when needed3. Some co...
Hi everyone!My friend and I are looking to buy a duplex in a city where, in order to get an STR permit, only one side can be used for the STR (While the other needs to be owner occupied). We're both W2 workers. Is it ...
Did you know that Limited partners or real estate investors can absolutely benefit from depreciation?
RE Pro Status supercharges this.
If you or your spouse are an RE Pro, your LP investments can lead to depreciatio...
It seems one of my files is nearing approval with BofA. I just received an email from the negotiator stating that their vendor sent out paperwork for the homeowner to sign up for the HAFA program if he chooses to do s...
Hi BiggerPockets Members - I have a question regarding the Good Neighbor Next Door program. My fiance is a teacher, so she qualifies for the lottery homes in this program (usahuds.com) and we meet all other criteria ...
Hello so I am trying to buy my second property. I am trying to figure out a way to raise some money. I know I plan on starting a Corp. my dad has a few hundred thousand in his 401k. Can he move part of that money to a...
I have a 401k, looking for a lawyer to help me set up it up. its at quest and solera