we just filed our taxes and i have been going to her since i started working as a registered nurse, she helped in advising me with deductions that i was able to take, but as i have planned to purchase more rental prop...
Hi BP!Happy Friday.I’ve got a 2 part question for the forum:1) Can I take bonus depreciation through a cost seg study if I’m not classified as an active investor? Doing a mid term rental in Texas with solar and was h...
I'm having some troubles figuring out what's next. I feel like even if I found my dream deal, I wouldn't pull the trigger and buy. I'm hesitant, because I want to reach a nice nest egg of about 5-7K to pay for down-...
BP Help!
I finally got my inherited semi detached SFH (C+ working class neighborhood) ready to rent out but the attached house sticks out like a sore thumb and I believe the tenants do it on purpose as a deterrent an...
Let’s face it, for those of us in the business we knew a correction was coming. This hard this fast was beyond the prediction of most if not all of us. We knew the party had to end one day but, the awakening was rude ...
Hello All!I am very new to REI and luckily stumbled upon BP and this community only recently! I've been in the corporate world for little over a decade, doing finance/banking, consulting, etc. While I do like what I d...
Hey everyone,My question is about a tenant of mine that might be getting pretty sick. We've had them for about a year and a half and everything has been going fine besides the normal landlord stuff. Within the last mo...
Hello BP,
I am potentially going to buy a park with well water and City sewer. I have two questions:
During Diligence what are the action items I need to do and things I need to keep in mind?
Once I own the park, w...
Hello BP and members,I believe every investor should create a strategy that works best for them. I also believe that you should not try to reinvent the wheel. I have been talking with a few people about a good strateg...
Do people usually include accountants as part of their team?I’ve owned certain companies outside Canada and would do all finance/cashflow myself, but real estate is a new field to me as well as doing finance in a coun...