When seeking to obtain financing from a private money lender and putting together a pitch to present to a potential private lender, what documents should you provide and what points should you bring up to the potentia...
If I purchase a 'used' truck (6000#+ GVWR, extended cab, short bed) this year, can I deduct the entire purchase amount on this years taxes? Purchase cost will be less than $25,000. The vehicle will be used 75-100% fo...
Have been looking into what it takes to qualify, and reading posts from others on the subject.I now understand that even if you work in a real estate related trade or service as a W2 employee, you need to own 5% of th...
I've sold 6 properties in Denver metro (all under $500K sales price) and the highest commission I've paid to my selling realtor has been 2.5% (+2.5 or 2.8% to the buyer's realtor). I am now prepping to sell a home for...
Hello Everyone,In the next few months, I'll be in a unique position where I can potentially pay off my house. Let me provide some context to help you understand my situation.My GoalMy ultimate goal has always been to ...
Hello, I started my first AirBnb late 2023 and it was rented out for less than 14 days. Based on the 14-day rule, I don't need to file any profit from my short term rental. However, my main expenses (furnishing the pr...
Hi, I bought my first investment property ( new construction SFM) few months back. I hear that cost segregation study would be beneficial. The property is <400k so not sure if it us beneficial for me. If so, any...
Hello everyone! Just a quick introduction... My name is Louis Grigoletti and I am a new member of the BiggerPockets community. I am currently reading The Book on Rental Property Investing and I feel very excited about...
Im curious as to which strategy everyone is after these days. I realize this is a very location sensitive post so if you could provide your primary investing area it would be extremely helpful. I feel most newbies (su...
Hi BP!My name is Tim and I wanted to introduce myself. I am currently a software engineer and MBA student based in San Jose, CA. I have spent the past few months reading the introductory books from BP, listening to ...