Benjamin Sulka
Credit Card Recommendations
Hey BP family, I'm looking to open 1 or 2 more credit cards to build my credit. I have no issues making payments and I want to build my credit faster to get more $$ to finance real estate. I currently have the Discov...
Ron Brady
Replaced sewer line and financing payment - what is the correct approach for taxes?
In July we replaced a broken sewer line for $8,500. We have 0% financing for 12 months. We have the cash to pay it now, but with 0% financing, we are in no rush to give up our cash. 1. Is this a capital expense to be...
Julio Gonzalez
Cost Segregation on SFH
A question that I am asked frequently is whether or not a cost segregation study is beneficial for single family homes. The answer is yes! We have seen properties benefit from a study with a purchase price as low as...
Jeri Herrera
Commercial Real Estate for Taxes relief
I have seen a piece of commercial real estate on the market for under $70k. It is structurally sound in an area of town that offers rehab grants. It requires a full rehab, roof utils, wall, etc. taxes are at $1200yr....
Matt Maves
Depriciation for mulch, plants and annuals?
I have a rental and I am wondering if I can depreciate mulch, gardening soil, annual flowers and perennials? Also I have built multiple pergolas around the yard with pressure treated lumber. What depreciation schedul...
Pam Smith
Which credit card do you use for your STR expenses
Hi all-Just curious which credit cards everybody uses to charge all of their STR expenses? We just finished up our first summer with an STR and would like to streamline everything moving forward with a credit card ded...
Andrew Briones
Cash Back Credit Cards
Any suggestions on a "Cash back credit card?" If you recommend using one or if you know of one with a great rate.
Berry Starnes
Cost segregation/Bonus Depreciation STR in Sevierville/Gatlinburg/Pigeon Forge area
I'm looking to figure out a rough estimate on the percentage that can be used for bonus depreciation if I were to purchase in this area. Yes, I am planning to follow the rules for the STR loophole to go against my W-2...
Kameron Yellin
Best offense is a good defense!!! How do you game plan?
Episode 400 on the BP podcast was fire!!! I would like to hear your thoughts on your businesses defense. I have been blessed with a great job that provides my fuel/ capital for REI but I find myself always trying to s...
Annie Johnson
Finding Absentee Owners
Hi Everyone!I am looking to target absentee owners as one of my target markets for flipping. I am curious if anyone has any tips or information on how to best find these owners. I know Listsource can be great and MLS ...