To determine depreciation for federal tax filing do you apply the original price of the house or the current market value?

Good evening, I am in the process of acquiring a lot on which to build a 5 unit hotel and am seeking advice regarding potential financing options. I estimate the acquisition cost of land, construction costs, and furni...

How much would you all calculate into the renovation of a rental that wouldn't go for anymore than $700/month and wouldn't sale for anything more than $40,000. I have a property that needs some repairs and want to mak...

I have an apartment building that needs a complete renovation from top to bottom.  I have estimates of the costs for architectural services and a ball park figures for the renovation costs, acquisition costs and a fin...

I need an 11th hour assist from my fellow BP members to be sure I am handling a tax situation correctly.

The situation: I purchased an investment property in July 2017 for the purpose of renovating, creating 3 units...

Does anyone use the quickbooks accounting programs on the BP perks. I noticed that it was called “flip” and wondered if it is only geared towards flipping houses, and would it benefit me if I was renting or wholesaling

I'm meeting with 5 local banks next week to pursue a cash-out refi on our first local BRRRR. I'm putting together a little packet on our current portfolio (4 out-of-state turnkey SFR and now this 1 local BRRRR), curre...

I’m stuck at trying to land at my first deal. Have almost the full down payment ready for a single family home in the area but something seems to always come up toPush the savings back down or life happens and struggl...

Hi All,I'll try to keep this short.  I live in Hong Kong but purchased a SFR in Memphis, TN from the property manager who also rents out our family home near Memphis.  Most of the concerns one might have investing fro...

I've recently financed a rehab project in Burlington, NC. The acquisition cost of the property was $40K and the projected rehab at project start was $60K. My borrower has received $44k in rehab money and the only item...