Hi all,Working on a project in Central CA and have the option to avoid bringing natural gas on-site if we use heat pumps for water heating and space conditioning. The on-demand units need less space, but require more...
Anybody travel hacking while running rentals or a flip/live-in flip business? We tried it for three months, did not go well.
Hey everyone, i had a question about depreciation, i will give you my situation as an example. i currently own 1 single family that i have been renting out since 2021 and i just bought a duplex in march of 2024 in whi...
We have an opportunity to purchase a 28 unit storage facility. 18 of 28 units are occupied. Fully rented, this will gross $2790/mo ($33,480/year).CostsTaxes $6307 yearInsurance $1450 yearUtilities $600 yearManagemen...
Hey everyone,I've read a ton of posts surrounding the subject of LLCs and quite of a few of them with specificity to hotels, motels, etc. That said, most involve single owners so that's why I'm creating this thread. I...
When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...
Short version: We hope to convert our garage to an apartment for our sick parents. But for same reason (sick parents) we might sell in a few years. Need to convince the family that sacrificing a garage to gain an apar...
Hypothetical situation: If I am working towards material participation hours on a relatively small property in terms of total value but get there in terms of the technical hours and the test, and say later in the yea...
You wanted it... Now it's here! BiggerPockets Publishing is pleased to announce that The Book on Tax Strategies for the Savvy Real Estate Investor is now available in paperback!And for a limited time only, you will ge...