Eric Williams
Capitalization Exception - Materials and Supplies
Per Indopco, capitalization is the norm, while deductions are the exception.In other words, instead of asking do I have to capitalize this, ask, what Code section provides an exception to capitalization.One such metho...
Brandon Kalker
Buy and hold Loan first time home buyer
Good afternoon,
I have 15k cash and I'm looking at purchasing a property between 100-200k. I'd like to rent that property out asap as I am already in a comfortable living situation.
My question is what types of loa...
Will Johnston
Calculating DTI on Rental Mortgages
I've found different lenders calculate DTI ratio when it comes to rental income differently.Some lenders take rental income (or a percentage thereof), subtract the mortgage amount, and then add the result to either th...
Julio Gonzalez
4 Asset Classifications of Cost Segregation
Have you ever found yourself having to pay into the IRS for income taxes on your real estate properties? Before sending in the check, be sure to take a look into an engineered cost segregation study to see if you coul...
Travis Buck
Possibility of being audited??
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...
Maximillian Engram
Mistakes made when doing the BRRRR method
what were some mistakes you made when completing the BRRRR method you wish you knew ?
Alex Morales
Using the BRRRR Method with no money down.
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...
Joshua Davies
Cash Out Refi/BRRRR with Conventional Mortgage
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...
Tom Goans
How I Took Tenants From the Competitors
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...
Darrel Hernandez
BRRRR without refinancing?
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...