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Results (6365)
William D. Multiple properties, different banks, can I just borrow from 1?
18 August 2019 | 2 replies

BP!! 

I have 2 condos, both loans from 2 different banks with PMI on both. Curious if any bank would loan me 1 lump sum to pay off both loans at a lower or equal rate. I would not have to pay PMI, I can pay 1 lende...

Julio Gonzalez How a cost seg study helps if an asset gets damaged!
1 April 2021 | 0 replies

You may hear cost segregation and think faster depreciation, but did you know that there are also benefits to having a cost segregation study done if an asset gets damaged?Let me explain.Let’s say you bought a buildin...

Anthony Cennami Moving from minors to majors.
16 December 2015 | 0 replies

Good morning BPer's. I'm an investor and entrepreneur based in NH. Currently I have 5 investment properties with 7 units - all acquired in 2015.  These were a mix of moderate to severely distressed properties which re...

Mike Savage mid life property portfolio evaluation
30 August 2024 | 30 replies

So after a recent call w our amazing accountant he said something that hit me hard.  he said after 40 years w his clients he's observed that its easy to get into real estate investing and much harder to exit real esta...

Carlson Driver Are expenses on short term rentals tax deductible
28 December 2021 | 8 replies

Say if we had a short term rental in Hawaii and were using a property manager to manage it for us which cost us ~$200/month. And we had to replace a dishwasher for $500 in 2021. Would the $2400 ($200 * 12) + $500 = $2...

Kyle Meyers New Lease or Lease Amendment?
30 March 2012 | 7 replies

I am changing the payment frequency and due dates for a tenant at their request and I am trying to determine if I should use a lease amendment or a new lease. They are currently month to month.

I think the advantage...

Jon Ful Cost Seg (Before a 1031 Exchange)
31 May 2023 | 3 replies

Friends,2022: We purchased, rehabbed and rented a property in 2022.2023: We plan to 1031 exchange this subject property this year (2023) into another rental that will also be a value add.Question is: Do the cost seg f...

Chris Virgil-Stone Buy property in personal name or LLC?
6 January 2020 | 8 replies

I have recently set up and LLC and am going to be buying 2-3 rentals withing the next 6 months. I currently have none as I have sold the single duplex I had. I am wondering what, if any drawback would be of buying the...

Bon Osonwanne Syndicate Waterfall Distribution with Leverage and Seasoning
29 March 2022 | 2 replies

Hey all,

I recently came across a lender that will do a Blanket Loan under 500k (several properties in one cash-out refinance mortgage) on an existing cash portfolio owned by my Syndicate (LLC). Does anyone have an...

Haley Stephens How to Input Cost Segregation Studies into TurboTax
2 February 2024 | 8 replies

Hi fellow investors -
I recently conducted two cost segregation studies on my rental properties.  I am self-filing my taxes through TurboTax (extension in Texas due to ice storm) yet I can't seem to locate where or h...