Sonny Sach
Can I use accelerated depreciation in a syndicate?
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Pawitar Singh
Seller signed the conventional loan agreement but asking for cash
Hi All,
I am buying few properties in MO, the seller signed an agreement for a conventional loan but she verbally told me that she would like to close the deal with cash! Can she do this? I do not wish to do a cash ...
Paul Coleman
Investing and receiving Depreciation benefits of real estate to offset k1.
Good Afternoon,
I am a local Real Estate agent and owner of a Small Real Estate Brokerage in Thousand Oaks CA. I have bought and sold real estate for the last 13 years. I Have been very successful in my industry a...
Uwe K.
City interior inspection for tax assessment - should I let him in?
Actually not sure if I am in the best category here:
Got a letter from the city yesterday about one of my duplexes. They offer me the opportunity (I feel so special) to make an appointment for interior inspection fo...
Michel Lautensack
Struggling Banks Tightening Credit to U.S. Businesses
Struggling banks are tightening loans to U.S. businesses. We saw the signs in mid-June and it seems to be getting harder and harder for healthy and growing businesses to get financing. If banks continue on this path o...
Samuel Morris Fish
All I need to know about doorknocking
I am new to bigger pockets and want to know about door knocking. I am looking to buy my first property within 6 months and want to get a good deal by door knocking for my first deal. I am asking for all the informatio...
Shanda Brown
Ripping people off!
I am hoping to get some insight from the PROs about wholesaling. I am a newbie wholesaler, however, I am also looking to do a few buy and holds this year. The reason I need to find my niche in wholesaling is because d...
Jose T.
Bidding on Second Mortgage at Auction in 2 days, big questions
I'm interested in bidding for a home at auction. There are two mortgages on the same property going to auction within 3 weeks of each other. The first mortgage that is going to auction is a secondary mortgage. If I ...
Adam Anderson
Contractor Retainage
A basic principal in dealing with contractors is to not pay for work until it is complete. With projects with multiple draws to ensure the project is complete it is important to withhold retainage.Retainage is a stand...
Brian Scott
Determining cash flow while house hacking ?
Hey everyone. I am the owner of a 2 family MF in NJ. My mortgage is 3232.00. I rent the second floor for 2100 which leaves me with the remainder payment of 1132.
Am I generating cash flow since I have approximately 6...