I have been presented an opportunity to help lease out roughly 2,000 square feet of workshop space. It would most likely draw in a mechanic, smaller construction company, or something of the like. There will be parkin...

Hi BP!Happy Friday.I’ve got a 2 part question for the forum:1) Can I take bonus depreciation through a cost seg study if I’m not classified as an active investor?  Doing a mid term rental in Texas with solar and was h...

I originally bought this 40 unit apartment complex in 2021 in Nw huntsville, Alabama and since then we've maintained a sub 10% vacancy rate year over year. It wasnt until this year that people that moved out seemed to...

Hello all,          I'm needing some advice on LLC Setup (or not) for a STR business. Here is my situation:- I'm a W2 employee that earns north of $500k a year- My wife is a stay-at-home-spouse- I'm looking to buy ~ $...

I flipped 2 properties last year and so far have flipped 2 properties this year in my own individual name. I filed federal income taxes as short term capital gain on Schedule D. I did not issue any 1099's for the...

I know banks wont allow you to seller finance a buyers down payment. Is there anything preventing you from having the buyer put 20% down at closing then after it closes loan them the same amount and put a lien on the ...

I'm working toward closing the downstream leg of a 1031 exchange.  My wife and I owned the exchanged property in our own names as joint tenants.  For mortgage swap eligibility-related reasons (we don't have the net wo...

So those of you all including myself who claim the prized Real Estate Professional status, were your 750 hours spend affected much by Covid?  With a pandemic, tenants were generally reporting less maintenance and evic...

Hi, I'm Val and I remember when I entered the real estate world.  I attracted attention to myself, by virtue of, simply, "earning too much money" too quickly! IMAGINE THAT?While I was enjoying this success, I was not ...

I got a call the other day from a cost segregation firm.  He estimates that I can use bonus depreciation to get effectively $900k of depreciation in the first year.  This is due to taking advantage of bonus depreciati...