Philip Sriployrung
Bonus Depreciation - Schedule E vs C
Hi everyone,I'm using a FreeTaxUSA to file my taxes. I currently own one rental SFR, purchased May of 2018. I did an online cost segregation study through KBKG. I was able to break out my depreciation based on the 5/1...
James C.
Tax refund...what should I do?
I've been stalking the forums for a few weeks now; love everything that I'm learning here!I just received a tax refund check in the mail*, and I'm wondering what some smart people would suggest doing. *Before you ask ...
Yishai Cohen
Passive investor tax benefits
I am well aware of most of the tax benefits for an active REI or as the sponsor of a syndication, but are the tax benefits the same or different for a passive investor “member” of a syndication?
I am about to run a s...
Kurt Baltutat
Commercial Property Mentorship Program (apartments)
All, I am hoping someone has a recommendation for a mentorship program for CRE in small apartment buildings. I have experience with a duplex, but would like a step by step 'program' to accelerate my growth, avoid pit...
Tarek Soliman
questions and answers for building for rent VS buying out
Great Podcast @ Cameron Skinner I never thought about having a rental property as new building construction, your approach will tweak the equation a little bet.These are questions around your podcast BP Podcast 168: ...
Joey Hicks
401K withdrawal due to Covid 19
Has anyone taken or considered taken the Covid 19 Cares act $100,000 out of their 401k to purchases additional properties? What are you all's thoughts? My thoughts are that you could buy a property and depreciate it o...
Michael Mossbarger
Contract for deed with an existing bank loan
Hi All,Does anyone have experience with buying using seller financing where there is an underlying loan?My question is whether a bank is likely to accelerate their loan and go to foreclosure when the loan is being pai...
Jed Burkey
Dave Ramsey Scenario
Dave Ramsey has told the story of how, when he was in his 20's, he used no/low down payment loans to purchase a large number of properties. However, once the local bank he had been working with was sold, the bank tha...
Michael Plaks
Caution story: Cost segregation done WRONG
I have written before about the pitfalls of cost segregation, for example here: https://www.biggerpockets.com/forums/51/topics/831924-beware... and here: https://www.biggerpockets.com/forums/51/topics/1075919-five-......
Mike Landry
Delaying a foreclosure in texas
First off. I am not interested in doing anything illegal. I have an owner scheduled to be foreclosed jan 5, 2016. They just contacted me today dec 27th. I'm working on the details but the payoff is about 75% arv. I a...