For bookkeeping/ tax purposes: if you replace an A/C unit and hot water heater does it get categorized as a capital expenses or repair cost? I have been researching to ensure I log it correctly in our bookkeeping soft...
By my calculations we've assisted nearly two dozen out of state or area investors acquire, furnish and launch vacation rentals on the Oregon Coast the past two years. The typical investor profile is GenX or millennial...
Hi,
Im wondering what more experienced investors have found to be costs that they just did not realize were more important then they treated them when starting out.
Also, I understand the idea of "c...
Hi BP Friends! I was intrigued by the topic of "opportunity zones" discussed on the BP Podcast episode 269 (the one about RE & taxes).As I understand it, it seems almost like a "1031 exchange" type of investment v...
I doubt anyone has questioned this in the forum before. I couldn't find the answer, so I'll pose it here.How did society allow mortgage companies to evolve a strategy whereby mortgages all have front-loaded interest p...
Hi,I recently bought a new mobile home park, my CPA tells me that the non-land portion (road, pipes, water plant, good will) should be depreciated over 28 year. My CPA has never done tax on MHP before.I did a search ...
Hello BP, im currently in the process of rolling over some funds into a solo 401k. I just wanted to hear how some of you guys and gals have been able to maximize your solo k thru realestate investing.. Thanks!
Generally how much are you taking in a month.... Thinking of upgrading a 3 family I have, but with the coin ops and electrical work, I'm figuring about 5k total to get going. Trying to gauge if its worthwhile....
Do you routinely change locks between tenants? Any cost saving tips or strategies for this?