If a Cost Segregation Study had not been performed on this $883,000 apartment complex located in Vista, California purchased in 2021, it would have had first year depreciation of approximately $32,700. Thanks to t...
So question - If you were getting a new credit card(s), which one(s) and why? Not interested in miles so much. Some points would be ok if they were significant enough. Just to use and pay off monthly. A friend of min...
I am currently under contract to purchase my first duplex. I am looking to start investing slowly and hope to acquire and fix up a few rental properties in the next couple of years. I would like to keep my personal f...
For the longest time we've been using a bank credit card that generates no rewards. (We do pay it off every month). Next year, we've set a target to take a family vacation to Hawaii during our cold North Dakota winte...
Looking for ideas on how to incentivize an onsite Property Manager to reduce operating expenses?I already incentivize the onsite manager to keep occupancy up with a bonus of $10 per day per every day at 100% occupancy...
I self manage a portfolio of 6 units and am wondering about the correct way to account for general expenses that span multiple properties as tax deductions. For example, things like tools or building materials that I ...
Hi All,I have been trying researching the best cash back credit cards to pay my property expenses instead of using my personal credit card and bank accounts. My brother and I share a couple of small investment propert...
Currently, I have one credit card and pay the balance off every month. How do you all use credit cards as a tool? Let me know your thoughts!
A cost segregation study was performed on this single family home in Fort Worth, TX purchased in 2023 with a depreciable cost basis of $272,633. The home is 1,841 square feet and was constructed in 2009.
The use of t...
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...