I have done tax prep for 7 years and the rentals are always a low value, high input tax return. The client thinks bringing in a wad of receipts is legit and you're stuck categorizing everything in excel while thinking...
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I just heard of opportunity zones. What is it ?
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Hi All,
My name is Sean Moen. I reside in the greater Sacramento Area, CA. I've had a long term passion to get into real estate because I understood the potential. My friend/business partner and I have been gatheri...
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Hello All,
Some friendly advice would be very helpful!
I am a young Real Estate professional currently working in Property Management with the goals of being an investor. I love being around Real Estate, I love ta...
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What are some of the pros and cons of using part of your retirement account to create a self-directed IRA for investing in MF? I'm looking to start investing in and perhaps sponsoring a few deals asap this year and ne...
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What a lot of people think:
Bonus depreciation is only for new properties or acquisitions.
The truth:
You can retroactively apply bonus depreciation to property placed in service after September 27, 2017, when the ...
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Hello BP Family! I've made some progress and wanted to share. I just created a LLC in PA. I'll be looking at Philadelphia, Bethlehem and Allentown areas. Although, I am not too familiar with those areas, I will be doi...
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So, I am located in the LA/OC area and thinking of investing in a SF home or two in the North or Southwest area of Bakersfield. The market seems to have recovered within 20%-25% of the 2006 peaks according to what I c...
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Hello, BP Community! I finally found you all! :D
My first (and current) home purchase was a house hack, only I wasn't familiar with the term at the time. We've been homeowners for going on 3 years now and, prior to ...
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Due to a change in my husbands job we need to move into the city in the next six months. Ideally we would not choose to buy with interest rates what they are and knowing this job could be subject to change in the next...