Almond Matthew
My recent duplex construction
Good afternoon all My name is Matt and I recently joined BP and I wanted to share with you my experience building my first rental property.First a little about myself. I am 37 years old with 20 years experience in mo...
Loren Kreider
deducting a skidsteer
I'm working on my tax return and ran into difficulty. I bought a used skid steer in 2018 for use on my rental properties, cost $6000. I have three residential rental properties in service and one I am currently renova...
Tyler Merritt
Multi-family purchasing and operating checklist
I’m interested to hear what your processes are on when buying and then operating a property.
What are things you’ve missed in either your numbers or inspections of properties when purchasing multi-family units? Are ...
Derrick Lumsden
Depreciating HVAC Boiler
Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
Gregory Parker
Assignment Fee on Wholesale Purchase - Tax Perspective
I recently purchased a property from a wholesale deal. There was an assignment fee associated with the purchase of this property. I realize I need to ask a Tax Professional to get the correct answer, but am wondering ...
Jordon Comstock
How to buy assets with pre-tax dollars using my LLC
Hello! I am a tech business owner and I would like to start reinvesting my profits into real estate. I enjoy reading Robert Kiyosaki books and I have stumbled on this phrase in his book called "Rich Dad's Guide to Inv...
Tom R.
House with non grounded outlets
A house I am purchasing was built in the late 50's and has several outlets that are not grounded. The inspector suggested I install GFIC outlets. Do I need to replace all non grounded outlets with gfic outlets or can ...
Tim Coppola
What matters more in terms of HVAC systems?
The brand (Carrier, Rheem, Lennox, Trane, etc) or the company that installs it?I'm starting to have companies give me estimates for replacing my two rental units HVAC systems and after a little research have come acro...
James Tsuffis
Newcomer from Los Angeles, California!
Hi--my name is James Tsuffis. I have no background in real estate investing beyond a few books I skimmed but am very eager to learn. I'm from San Jose, California but moved to Southern California for school. Graduated...
Dante Devine
AC guy
BiggerPockets Houston family,
I am in need of a dynamite A/C guy for a houston rental I am considering picking up. The A/C crapped out and they are currently using window units. The home warranty won't repair...