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I see this mistake on so many new client's previous returns...Are Short Term Rentals depreciated over 27.5 years or 39 years?Residential homes are depreciated over 27.5 years.
Short-term rentals are considered nonres...
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Are lenders pulling back or am I just not shopping the right ones?I have a line on a deal for a property that I believe is undervalued and has great future potential for improvement. It follows the first 3 rules of r...
Hello,I've found a good deal on a potential rental property but wish to purchase it using my LLC. This feels like a basic question, but how do I obtain a loan using only my LLC and keep my personal assets separate in...
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Hi all, I know I have already asked this question, but I haven't got any real answers. Basically, I am looking into investing in commercial real estate, but don't have that much money. I have discovered Fractional inv...
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Hey guys, I am interested in trying to find a lender for a couple established commercial properties. We have owned the properties for the better part of 2 decades and I am trying pull some built up equity out and rede...
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Hi all, I am evaluating a ~$1M property, first time in commercial. I am a little blind in this area (been doing rentals and flips past 6 years)- I see props in my budget but don't know about feasibility. Any SME's ...
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Is anyone looking for a go to insurance agent for commercial and residential? I’d love to start networking with real estate agents and establish deals that work out for both parties!
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Hello BiggerPockets Community!We are the CASH COWBOYZ located in Houston, Tx. Here is my resume.Completed 80 commercial & residential projects as general contractor. Consulted other like companies with industry...
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I have a single family rental property that I have owned for approx 6 years. I purchased the property with a family member's LOC and it was purchased in my personal name. Shortly after, I had a partner come in with me...
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New investor in Northern NY. I have an 8-unit residential pending contract submission for 120k.
ARV is 150k; which will likely be accepted in northern NY. If appraisal comes in the same or more I'll have at least 20...