Brian Chadwick
Newbie from Woodbridge, Virginia (DMV)
Hello BiggerPockets,My name is Brian Chadwick. I live in Woodbridge Virginia with my beautiful Wife and Daughter. I'm currently an IT Professional with experience in retail management. I love family time, music, horro...
Stephen Hult
Looking for suggestions on how to get developers to move faster to buy my property
Hello BP!I have an old single family property that sits on about .25 acres of land that that is surround by a couple larger tracts of land (~3+ acres), which is vacant / wooded area. The larger tracts are zoned comme...
James Sedano
IRA withdrawal to fund investment properties, can a cost seg help to reduce tax bill?
Hi all,
As titled.. I did a IRA withdrawal of 300k to buy 2 condos in May/June 2024.
I didn’t paid the 10% penalty fee.
I’m not currently working so my income is basically the 300k + (28k gross or 15k net) from a...
Account Closed
Are Housing Prices Up * or * Are Housing Prices Down - New Charts
From New Harvard Study via ZerohedgeNow, a new tabulation of home-price data by Harvard University's Joint Center for Housing Studies provides a granular look at the unevenness of the recovery from county to county....
Mason Goold
Getting into real estate
Does anyone have any experience as a financial planner that moved into real estate? I am currently studying financial planning and have read some articles that say commercial real estate is a great career for someone ...
Ray Martinez
LLC your ADU to Save on Taxes?
Hey everyone,
I'm currently in the beginning stages of converting my garage into an ADU. I wanted to see if there are any experiences with creating a LLC prior to construction to help with tax liabilities for the cos...
David Sicherman
Vacant Lot leads.. what is a worth signing?
I am getting all kinds of vacant lot leads in some cities I started wholesaling "virtually" in.In Tulsa OK they are in old neighborhoods houses built in the 40's where houses are worth $60 on a good day, and from the ...
Nash Mittelman
C-Corp VS S-Corp for Real Estate Agent; which do you prefer?
Hey BP!
I've been facing issues with my current accounting company, so I met with another tax professional who suggested incorporating as a C-corp instead of an S-Corp. I'd love to hear insights from BP CPAs and Real...
Shyam Subramanyan
Cost Segregation for STR properties acquired in 2018, 2021, and 2022?
I have three STR properties that my wife and I have self-managed but from a tax perspective we've only taken the normal depreciation the last few tax years. However I am wondering if I can do cost segregation for all ...
Ross Alcorn
Cost Segregation on 2 Separate Townhomes
I'm looking for some advice around cost segregation.I purchased a townhome in 2019 that has now been an LTR for two years. I purchased a separate townhome in 2021 that I am currently house hacking in and plan to turn ...