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When filing our 2022 taxes, our CPA did not mention or encourage us to do a cost segregation study to capture bonus depreciation on the two properties my wife and I acquired in 2022. Our goal is to invest aggressively...
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Background
I am not a Professional Real Estate (yet) as I am working as a full-time engineer, and I don’t meet 750 hours of services during the tax year in real property trades or businesses in which I participated. ...
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Hi BP Community.I bought a 4-plex last year in which the rents are VERY under market AND I'm paying heat and hot water in Vermont. The residents of this house have been here for 3 years, 8 years, 12 years and 25 year...
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I just experienced my first eviction, oh what fun. The actual process was pretty simple and I gave the tenant numerous opportunities to leave on her own but she refused my last attempt I even offered her $500 to leave...
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I have a tenant that was always paying on time for nearly the past two years. Last month they told me they were considering another place which was more appropriate for their family. I said as long as you pay March'...
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Good morning Bigger Pockets,
So here's my situation: I have it a woman who has moved out without paying her last months rent big surprise but has left a large amount of personal items as well as damage to the rental. ...
Looking for feedback from anyone who has had experience with GroundFloor either as an investor who purchased equity in one of their loans or has used them as source for funding. Thanks.
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I have tried using the Canada Post mailing list generator. It lets me select Own vs Rent, household income and family status, among other innocuous and generally useless criteria, but none of the juicy details that th...
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Hi Folks,
Just days before closing on a multi-unit in west Wicker Park we learned the city had revoked the permit for the garden unit of our building. After sorting out that headache, we went through with purchasing ...
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We are very frustrated. Some background- we live in a small town in a rural area. There isn't a very hot market here, especially for people who live here year round. We put an offer in on a foreclosed house we have ha...