Alex Macias
Short-term Rental Arbitrage - Cost Segregation
Hello, I have three questions related to one topic. In our short-term rental business, we have two properties under rental arbitrage and one property we own and reside in - also doing short-term rental (house hack). T...
Zach Adams
House Hacking - Can only deduct rented bedroom square footage?
Hi All, I have a house hack which is a duplex. I rent out the lower unit and for the upper unit, I rent 1 of 2 bedrooms. I was told that I could only depreciate 8.6% (square footage percent of the upper unit) and only...
Zac Newell
Depreciation of Primary Residence converted to a Rental
I bought a house in 2009 for 170k as my primary residence. In 2015 I converted that house to a rental. When it was converted to a rental the property was worth ~250k.For depreciation can I use the 250k value when th...
Account Closed
Depreciation and Capital Gains on a Primary with rented Bedrooms
I purchased my first SFH home this last year that I have moved into as my primary and I am renting out the extra bedrooms in the house. I have been trying to read exactly how renting out the bedrooms will effect my ta...
Justin Summers
Just need confirmation on Primary Home Capital Gains Exclusion
Okay. I think I have this right but Since I'm dealing with a lot of money Just wanted confirmation. Because it's a lot of money.
I moved into my house as my primary residence and lived there from June 1st 2015 thro...
Mallikarjun Reddy Pateel
Seller Financing Tax Benefits to the seller?
I'm currently in talks with a Senior Owner to buy his 10 Unit Rental Property through Seller Financing. i have couple of questions Regards to tax benefits to him. so I can speak more Confidently about this deal.
Numb...
Justin Rucker
Questions about BRRRR
So I am researching this strategy.
When going to the bank to make sure they will refinance my property before I purchase it with hard money or private money. What kind of loan is this that I am asking for? Is it a c...
Brad Birky
How to claim our business use house hacking?
Hello - I have a somewhat unique situation that I am unsure how to best claim on our jointly filed tax return. My wife and I are based in Florida and work as non-profit business consultants. Last year we had a client ...
Justin Young
Possible to have a seller financed deal combined with a loan?
Aloha BP!If an owner was willing to seller-finance more than 30% of the property's value, would a lender be willing to loan me the remainder of the deal? For example:Property worth : $320kSeller-finance : $120kLoan : ...
James Pegues
Rental income consideration for traditional finance
I still have a few things to square up before I start looking for properties but recently learned that traditional lenders will only consider rental income after 2 years of being a land lord. I was at a real estate me...