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I have owned rentals for 4 years now. I never took the depreciation!!! If I go back and amend my tax returns for 2014, 2015, 2016 would that EXPOSE me more to an audit? I stand to get back an additional $2,000 per ye...
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what were some mistakes you made when completing the BRRRR method you wish you knew ?
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Hello everyone, this is a newbie question from a new investor trying to get his feet wet in this method. I wanted opinions on wether it is advisable to use the BRRRR method with no money down out of pocket? Has anyone...
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I'm working on preparing my taxes using HR Block and I have a few questions related to the Form 4562. This form is for my rental property depreciation. It says I can include the items below. Computers and computer sof...
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Hello BP!
I have a question regarding the BRRRR/Cash Out Refi method. I understand that most investors using the BRRRR method are buying the properties with cash.
However, I was wondering if it is possible to use th...
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How I Took Tenants From the Competitors
Recently I initiated a discussion about how I was more competitive without debt. Most replies challenged and dismissed the philosophy.
This is examples of why I was successful...
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Hello all! I was speaking to an investor I met regarding the BRRRR strategy I was planning to do a propert I just picked up and he mentioned he does this process with a slight difference, he doesnt refinance!?!?!?! Af...
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How do you find the point of diminishing returns for rehabbing as part of the BRRRR Method?
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Hi. My name is Kenneth and I'm new to wholesaling. It's great to find BiggerPockets.com. I have a question regarding repair estimations I was told by my guru to simply estimate on the basis of square footage exampl...
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Bold title I know and I'm sure it's been posted about before but what else do we have to talk about right now? I've done a couple of deals lately using this method which is similar to BRRRR with one important distinct...