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...
what were some mistakes you made when completing the BRRRR method you wish you knew ?
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...
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...
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...
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...
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...
How do you find the point of diminishing returns for rehabbing as part of the BRRRR Method?
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...
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...