I have recently been speaking with Opportunity Zone Funds and a few of them are looking to deploy capital for projects but have not found the right deals. I was considering doing syndication and purchasing properties ...
I'm wondering if anyone has any first hand experience raising BASE rents (not surcharges) by making capital improvements and applying for base rent increases according to the Jersey City rent control laws. I would li...
I just went through two 1031 exchanges this past year and now Upon finalizing my taxes my CPA is telling me I owe capital gains because my loans on the newly purchased properties are less than the loans I had on the p...
Hello BP,I will be selling a house that use to be my primary residence from 2009-2015.I am being made to sell to a railway company through eminent domain.The house became a rental from 2015 till date.I was wondering i...
Hi All,Under the current tax laws is interior painting considered maintenance vs repairs?What about roof maintenance (replacing a few shingles)?I would like to have document references to support classifying these two...
Hello BP,I just bought my first investment property and am learning a lot of tips and tricks because of you all, so thank you very much!What are the best improvements i can make to a rental property that i can write o...
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of depreciation and Section 179 changes in...
I always hear the 2% rule as a guide line for rental properties. But I'm not sure whether it's 2% of your purchase price or 2% of the ARV. If the property needs rehab and the repair cost will make a big difference on ...
Can I claim 100% bonus depreciation for tax year 2018 on a new air conditioner for a residential rental property?
I bought a foreclosure(3 plex) in Feb. $55,000. Renovated ($30,000) til May 1st when I rented it out. Are all reno costs part of the initial cost basis? I also did another $20,000 in siding, windows and roofing durin...