Paul Bommarito
Legal 4 unit with 2 additional non/comforting units
Hi BP,
I have a question about buying a multifamily property with non-conforming units.
We are under contract for a very nice legal brick 4 flat in Chicago that we plan to house hack. However, the building also has ...
Marshall Shen
Deal Analysis for an Illinois multi family property (8 of 10)
Hi there,
I'm doing a 10-day deal analysis challenge where I analyze one deal per day. This is my 8th day :)I changed it from 30-day to 10-day challenge because I start to get a hang of it :)
I analyzed a deal in c...
Phil Contreras
Can I Cost Segregate if I don't have the Real Estate Professional Status?
Hey all,I've been reading a bunch of books about cost segregation (tax free wealth by Tom Wheelright) and there is this one question that I can't find the answer too.Can I cost segregate my house for depreciation if I...
Tyler Livingstone
Tips for finding good contractor referrals
Hello everyoneI am looking for a contractor in the Indianapolis area. Looking to hook up with out of state investors to see what contractors you recommend. Hoping you can share experiences good and bad to help me ma...
Scott Roelofs
Cannabis Industry and Cost Segregation
We always think of cost segregation studies for multifamily, office and retail but now the cannabis Industry is taking advantage.
Who do you think gets the biggest benefit from cost segregation?https://www.bizjournal...
Mike Begovich
Scam Notice Regarding Malcolm Pointon and Calm Investments
CALM INVESTMENTS, LLC and MALCOLM POINTON (or whatever alias he is using at this time) is a not to be trusted with your money. I gave a loan to Malcom and Calm investments over two years ago and have not received a si...
Tariq Sabbah
Fiduciary responsibility of real estate agent/investor
Researching pros and cons of becoming a real estate agent to boost your investing potential. Fiduciary responsiblity keeps coming up. Could someone explain details of how this could impeded your investing? Thanks!
Franky Davis
Tax Strategy for Married Filing Joint High Income Earners!
Hello everyone, I hope you all are doing well and starting off the 2022 year right. I wanted to start a line of communication for this specific investor category. Specifically, for high income earners (1099/W2) who ha...
Michael Quarles
Bought a house for 2,000 cash.
seller called off a large postcard and said They owed 110,000 and if they could get 2,000 cash it's mine.
When asked why they were selling they said their daughter was renting the house and stopped paying ...
Matthew Crane
How will building RV/Boat storage impact my W2 taxes
I'll make it quick. My W2 income is >$550k/year, if I build an RV/Boat storage facility, will my storage business expenses/losses be able to reduce my W2 taxable income? Or do I have to have REPs status for this si...