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I love David Greene’s outlook! I’ve struggled with having a strong mindset lately. I’ve tried rereading “The 7 Habits of Highly Effective People” and other self growth books. I would love a book in mindset and self gr...
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Investing in real estate is a life long decision for most people like us. Knowing that it is going to be a long journey how do you personally find contentment in the journey? I am having a hard time in life being happ...
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How To Be A COMPLETELY Passive Investor
Possibly the most beneficial reason to consider investing in real estate syndications is that you have the ability to be a passive investor. In most investments like these, ...
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If I purchase a 'used' truck (6000#+ GVWR, extended cab, short bed) this year, can I deduct the entire purchase amount on this years taxes? Purchase cost will be less than $25,000. The vehicle will be used 75-100% fo...
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This is my first post here after reading for some time. I a have a few somewhat specific questions regarding analyzing the performance of currently owned properties that range from 90+ unit complexes to 5-6 unit mfd's...
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I'm new to the income property world and this will be my first year with rental income. My wright offs out weight the income that came in on my 4 Plex for 2019 can those wright offs be used to off set my W2 taxes?
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I'm considering purchasing a vehicle to do showings as an agent. Can that purchase be deducted? Is it better to create a depreciation schedule for it? CPA friends, help!
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I was hoping to pick everybody's brains on how they complete their cash flow analysis. I'm trying to figure out all of the expenses but I want to make sure I'm not forgetting anything. Thanks for the feedback!
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So I was reading this editorial piece in WSJ about how Texas is considering "loser pays" legislation, which will basically require a losing party in a lawsuit to pay the opponent's legal fees. It is modeled on British...
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I would like to start off by thanking Biggerpockets for all this great info. I realized I read this forum a min of 30 mins a day.
Back story:
We had a fire at our apartment complex. It appears to have b...