Chris Yang
K-1 paper loss while applying personal mortgage?
Hello everyone, trying to get some sights for this topic.I started to investing in large multifamily syndication deals lately. My understanding is we always want to do accelerated depreciation and/or cost segregation ...
Curtis Bidwell
Does a 7-Day Visitor rule apply here?
Soldier on leave to visit wife & new baby, forced to leave by Landlord who says he's stayed too long.http://www.ijreview.com/2014/12/216157-solider-lea...Don't Be This Landord!
Miles Stanley
Estimating Rehab Costs when Applying the 70% "rule"
Hello BP community!So I have seen many webinars, videos, podcasts, etc. that discuss this topic. I realize that the 70% “rule” is useful/applicable only when browsing many properties to essentially weed out the ones ...
Jan Schwoebel
How to apply business deductions on combined income
My wife is a realtor (sole proprietor ) and has $0 income so far. I'm a full time employee. We usually file taxes jointly. Can we apply any of her deductions to our combined income? Or will her "business expenses" onl...
Benjamin Cooke
Same laws of FHA apply to house hacking?
I have decided to rent out my spare bedroom in my apartment, do i have to follow the Fair Housing laws (in SC) when people ask to move in? They will have to apply through my apartment but i would like to get someone n...
Nick Salemme
Section 121 exclusion (how is it actually applied?)
I am in the process of renting my current principal residence out and buying another home for myself to live in. I will have lived in my current home for 2 years on May 26th, 2018 (my closing date was May 26, 2016), a...
Steve Smith
Dollar-Cost Averaging Applied to Rental Property Acquisition
I've been listening to @Scott Trench's new book, Set for Life, recently. Scott discusses the concept of dollar-cost averaging a bit as it relates to investing in index funds. This makes a lot of sense to me and I've...
Dulce Beltran
70% Rule: Does it Apply in Costly Markets
Hello BP community, I live and Sell Homes in San Diego CA. I stumbled upon this property, SOLD for $609,000 needed flooring, paint, kitchen and bathrooms (flipper refinished cabinets) then sold it for $709,000 two mon...
Arun Kumar
Anyone know/applied for Real Estate Cost segregation
I recently heard about real estate cost segregation. I would like to learn more about that strategy to take advantageous of property depreciation upfront and claim. Can someone share your thoughts on this ? If someone...
Christian Harris
Agent Refusing to Apply Credits to Purchase Price
All parties have agreed to this deal -- paperwork is signed. Seller is crediting buyer a larger amount than the buyer's closing cost. So the rest goes to lower the purchase price, right? Nope. Seller's agent is refusi...