Hello i am a doctor who wants to use cost segregation/bonus depreciation on my 9 rental houses, my home maker wife wants to meet the 750hr test to obtain real estate professional status and material participation. Is ...
I came across a great article about an accountant who is also a real estate investor. He gives great advice on setting up your real estate investing business. I will have to read it over to really but some pieces t...
Hey, guys!I've been on BP for about 7 months now and I have quickly learned two things:There is no better place than BP to talk real estateThe wealth of information on BP is immeasurableI've read and learned quite a l...
I know a couple of older (70's and 80's) couples who had their wills updated and their attorney switched to trust and charged one $6k and another $10k. That sounds excessive to me.The last older couple I knew had a pr...
Hello! Thanks for taking the time to read this. Here it goes.About 3 years ago, my husband and I (along with our kids and dog) moved into my parents home. My parents rent and the landlord was well aware that my family...
Hi all!I'm looking for some help and/or mentor as I've been grateful to save $500,000 but I'm not sure where to best invest these savings in. Ideally, I would like to generate a 10% to 20% return on investment as I'm ...
Hello Beautiful people of BP,So I had 3 tenants vacate at the end of last month. One was evicted, so no deposit return there, the other two left after their leases ended. One of the two left the apartment disgusti...
Greetings bigger pockets.I need urgent help. I am living in an owner occupied duplex and renting out the other side. This is my first rental and I closed last December.My tenant just got shot last night. It's not clea...