As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
The market is competitive for buyers in segments of Southern Maine and the asking price has been more of a suggestion than a hard value to defend on my seller's behalf. Offers are coming in above asking to compete an...
After just over a month online, we're excited to say that our Real Estate Article Directory is a huge success! :mrgreen:
BiggerPockets has been transitioning towards combining education for our many users with marke...
Hello BP community, this is my first post as a new landlord. I'm excited to have started this journey and would appreciate advice or examples and outcomes. For reference, I live in the same small Montana town as where...
I am having difficulties with my tenant (The property is in California). He put up a swing on a tree on the property without prior permission and is refusing to take it down. The lease was drawn up with a California...
I have currently set up an LLC for my rental properties that my wife and I own in Ohio. I am setting up the business bank accounts and need the EIN. When I apply for this online with the IRS is it possible in Ohio to ...
hello,
I've been reading about Lease Options and I found that anyone can make quick cash by assigning their contract. I just want to know if this is the basic way of doing it.
Step One: Find a motivated seller
S...
I am closing on a property in Denver this month that is completely rehabbed. It is a SFH with a basement mother-in-law unit. The top is a 3/1 and the bottom is a 2/1. I am planning to add in an additional bathroom on ...
Why would a licensed general contractor ask a home owner to pull their own permits?I'm curious why they are pushing this burden on the home owner, and if I pull my own permits what are my responsibilities and liabilit...
Hi,
Today I spoke to one of the Attorney/portfolio company which offered a free consultation to talk to me about LLC strategy and ofcourse understandably also as a sales call to get me as their client.
Basic Struc...