Mariah Jeffery
Depreciation of land vs. building
I bought several properties this year and I'm trying to figure out how to get the highest depreciation deduction possible. I do my taxes myself and plan to continue to do so.
The value of the land, according to the ...
Bryan O.
solo401k and Precious Metal Storage
Hi all, I have been trying to find the requirements for the physical storage of gold and silver in a solo401k. Sense Financial says that the IRS requires precious metals owned by a solo 401k to be held by a financial ...
Paul Thompson
Property Management in Central Arkansas
For the first official topic. For those who use property management who do you use, why, and would you recommend them. What are their terms and do you have any affiliation with them other than being a client?If you ar...
Luke Siecinski
How to write off real estate education course purchased on taxes?
Hello!In 2022 I purchased a real estate course and am wondering if it's possible to write it off on my tax return. I have just one investment property that I rented out Feb-Dec of 2022. Other than that I am a full tim...
Adam Eckhoff
Looking to purchase first property - Out of State
Good Morning - I'm currently looking to invest in a long term hold/rental property for some cash flow. I live in New Jersey and I'm currently looking to invest out of state... Let's just take Ohio for exampleStatus - ...
Stephen Sawrie
the "real estate professional" and grouping elections
As always, my apologies for overly basic/simple questions, although I am not sure this one would qualify for either. My apologies also for the length of this post, typos, etc. Anyway, here goes…I am trying to establ...
Maria Matthew
House Hack Roomate Issues
Hello everyone, I would love insight on how to handle this situation. I have a house hack that I've transitioned into renting out 5 bedrooms individually (so we've transitioned out of that property and are not living ...
Preston Duron
Looking for the right opportunity
Hello. I am new to real estate investing. My wife and I bought a home in Las Vegas 6 years back and the house sold for more than double what we owed. We figured we wanted to invest the capital instead of blowing it on...
Account Closed
Debt to Income Ratio Questions, Max Ratios.
Ok, so I have 4 properties to my name. I think I am figuring my DTI correctly, but am not 100% confident. My wife and I just moved to a new area and are planning to purchase a new house in the area, have one already u...
Steve Koller
First property with tenants, Please Help!
I am about to close on my first multi family property. It is currently fully tenanted with leases ending at different times.
I was wondering if anyone has any advice on this topic regarding:
Developing relationships w...