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Results (8093)
Alik Levin Bonus depreciation hurts DTI?
11 April 2023 | 6 replies

Dear lenders and those in the know!Will bonus depreciation/Cost Seg/RE Pro election hurt my DTI?I am going to massively reduce my tax burden when filing 2018 by aggressively utilizing cost seg+bonus depreciation+elect...

Account Closed Am I Entitled or NOT?
19 July 2014 | 6 replies

I am purchasing a multi unit here in Las Vegas, and we set to close on the 23rd of this month and well there has been a sticking point as of today. It is so small in nature and I am confident it will not change the ou...

Lesley Resnick Has anyone found a way to pay their mortgage with a miles card?
20 October 2017 | 14 replies

Has anyone found a way to use a rewards credit card to pay their mortgages?If there was a way to pay the mortgage with one of these cards you would get a lot of miles a year.If you had 5,000 a month in mortgage 5000 x...

Jon Klaus Best Rewards Credit Card?
31 December 2014 | 32 replies

Rehabbers and builders can rack up a lot of credit card spending on building materials.  What's your favorite rewards card for big spenders?  Why?

Sammy Lyon Calculating Depreciation on a Low-Priced Property
14 March 2019 | 4 replies

Hi BP sleuths!I wanted to share this tax question here, I was hoping my accountant could help but he didn’t seem to have much advice about this. I’ve got some choices to make about depreciation on a rental property, a...

John Foster Financing with $$$ from Private Investors
23 October 2016 | 2 replies

Hey Everyone,Can somebody please explain how one would finance a property with money from private investors paying say 10-15% interest on a short term loan, say for 6 months? What if you are flipping the property and ...

Carolyn McBride STR Tax Loophole/Strategy So Close to the End of the Year?
29 October 2024 | 9 replies

I'm about to go into contract on a property I want to use as an STR. I’ll likely close on the property around early November and it will need small cosmetic updates, maybe a new deck, and of course new furniture set u...

Nick Rutkowski Home Imporvements
15 November 2015 | 4 replies

Hey y'all! So my parents want to do some home improvements so they can have their house ready to sell in a few years. They're planning on taking out a loan for 15k for total expenses.  I want to know what would be the...

Bruce L. Rewarding Tenants with Points
24 February 2014 | 12 replies

Hi BP!

I was wondering if anyone here has tried creative ways to get your tenants to maintain your property well and to also retain good tenants.

I was thinking about setting up a point system sim...

Berry Starnes short term rental loophole question about existing rentals when purchasing
14 October 2024 | 3 replies

Question: If you were to purchase a STR to close in November and the seller negotiated that the buyer must honor existing rentals with the current rental company/property management until January of 2025…. 1- does thi...