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Hi everyone! I'm Alexander and I'm excited to finally be posting this. It's been a long time coming and I just haven't taken the time to do it but here we go!As I said, I'm Alexander Hummerhielm, I'm 23 years old and ...
Hey everyone, I am planning to rent out the house that I am in starting next fall (i know bad time, i try a lease thst ends in the summer and then switch to a year term) our goal is to get enough rental income to part...
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Hello BP.I wonder is it good idea to show huge depreciation = huge loss after cost segregation with 100% bonus depreciation.My CPA recommend not taking all deprecation because He/she not comfortable with all the pap...
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Hello BP Patrons,
This is my first post on BiggerPockets; which might lead one to think I lack the motivation to be a better businessman. I swear to you that's not the case. Although I might be the last person to a...
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As an investor, I've decided to take the Illinois Real Estate Broker Exam so I can view properties on my own (among other reasons). I'm an attorney, so I don't have to take any courses or anything. I can just sit...
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My accountant told me there are two ways to get a cost segregation study, one being the expensive route where an engineer comes onsite and does it. He said there is another, cheaper option where I basically fill in a ...
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I'm curious as to any creative ideas, but also any "watch out" type feedback for a property that will be for sale in the upcoming months. The overview : 1) Location is in a small town (under 10,000) on the border to B...
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After investing in a few properties I want to go the next step of becoming a re agent. Anyone recommend a licensing course they took? I heard re express will get the job done (also cheapest) but if it’s too wordy and ...
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Let’s say I want to get investors and syndicate a 10 unit apartment building. I create Blue Estate LLC ( manager managed by me ) and Blue Estate Equity Fund I LLC which holds title to the 10 unit apartment building ( ...
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Hey all!!I’m a new investor in the Sacramento, CA area. With the changing market, I’m just curious what flippers/rehabbers in the Sacramento area are shooting for in their purchase price to resale price ratio. In othe...