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Good morning,as I am very small I am trying to fill my tax return for my duplex by myself.The IRS documentation seems clear but not on houses depreciation.My doubts are:1) Should I start using depreciation from the fi...
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Hello, BiggerPockets Community!After weeks of combing through this site and becoming absolutely amazed with the insights and knowledge that you all have to offer, I figured now would be a great time to write one of th...
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I have been reading, researching & digesting everything that I can get my hands on in preparation for doing my first deal. Now that I'm getting pretty comfortable with the concepts and thinking more seriously abo...
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If you were active in real estate in 2007 prior to the crash of 2008, and held.. how did you survive?Perhaps odds are low that this year is similar to 2007, but with prices super high it's a concern. Thoughts welcome!
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Hey all! Was curious to poll some other members about AirBnB's near iHop KC in Grandview. I have held one here for a little bit now and it seems to do pretty well attracting people from the ihop kc community, and othe...
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Growing our RE business in the US certainly has its growing pains. In structuring our entities, (we function in Florida, Georgia and soon in Texas), we have been informed that, "...your company is a dealer in real es...
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I understand that the security deposit needs to be in a regulated financial institution account - I currently put them into my company's chase business savings account - is this good enough or are we required to open ...
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Say if I entered into escrow on a property, went through entitlements, and put in money to develop the project, and upon successful achievement of entitlements sold the property for a higher price than what I was in c...
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I have a friend in a small neighborhood whose roads are private. The owners all have to put money in to a pot so that if the roads need work at some point, the work will be done. This is, as I understand it, abou...
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I think I found a great deal. I need opinions on a deal and also the funds to buy it. Its a duplex foreclosure - asking price is $79,000. Needs new heating and plumbing due to freezing. Brick exterior. Haven't actuall...