So hearing everyone talking about doing cash out refi's to buy more property I did but it came back to bite me in the butt.I bought a rental house back in 2012 and naturally values went up so after a couple years I di...
Hello to everyone at bigger pockets, my name is Will Cuesta and I'm looking to start a new business career in real estate. Like averyone else starting I don't know much abot it, but read and listen to a lot of podca...
First off, I have already contacted my CPA and am waiting to hear back, but thought I'd ask this crowd to see if there is anything to add-My group plans to sell off some rental properties over the next few years - the...
I reached out to my accountant about doing a cost segregation study in order to utilized the accelerated depreciation, and he said that it’s usually very cost prohibitive and is hard to justify unless you have a very ...
Hello Fellow BP Members,I'm posting here to say hello and introduce myself to the community. Feel free to ask me anything.My name is Matt McWilliam. I currently live in Las Vegas, Nevada. Originally from Ohio - Go Buc...
Hi all,
I wanted to hear some pros and cons of obtaining a real estate license for a beginner investor. I am 23 and have been interested in getting my feet into the game for some time. My thought is if I get a licen...
Hello all, The Jist:Bought single family house in 2008 for $93k, rented it out til May 2016Renovated house for around $12k and sold for $145k in Nov 2016Previous tax returns say I have accum dep of $26kBefore I head o...
I'm not sure if this a success story, but I'll still share.
I was going through the price history on a commercial property my family owns. This is based on deeds in the county clerk land records office.
Without ge...
I am completely new to real estate and have never owned a home.How long does it usually take to close a house? Do I buy a house and start making repairs on it for 750 hours right away to qualify?I want to do so to ded...
I am told that when investing in crowdfunding equity investments, you are issued a K1 document at the end of the year for taxes.What are the tax implications when investing with taxable money vs money from a SDIRA?Are...