Mindy Jensen
How hot is downtown Seattle? Is it expected to continue?
A friend has a unit in a high rise in downtown Seattle. She also has a 2-yr-old and covid isn't doing her any favors.She is concerned with Covid, protests, fires, etc that the market for a downtown condo will not cont...
Brad Van Epps
Investment Strategy - what does BP think?
I have been researching REI for a few months now and I have a plan in mind. Looking to run this by BP members and see if there are any comments or concerns.
I am 26, married - no kids, have a mortgage and student lo...
Russell Fugitt
Snowball my current 30 mortgages or refi to a new 15 year?
I listened to podcast #393 and liked the idea of 15 properties and refinancing one every year to live off the equity. I have 3 properties that have significant equity in them. Going to snowball them and pay them off...
Donald F.
Can multiple partners use depreciation to offset active income?
If my brother and I hypothetically invested in an income producing property together, would only one of us be able to claim material participation in order to allow us to use bonus depreciation to offset our active in...
John Delacruz
First Mortgage Advice
Hi, I am planning to buy a home. As I don’t have enough savings for that, I have no option other than a mortgage finance. I don’t have any previous experience with mortgages. So, I asked my friends for their suggestio...
Andrew Coulton
Cost seg downstream challenges
Hi all,In 2022 we completed a large cost seg study on our rental portfolio. We qualified for real estate professional status since my wife doesn't have a W2 and is hands on with our rentals. A very attractive tax savi...
David Blue
Title transfer to LLC
With the recent tax law changes does it benefit me to transfer the title on my investment property mortgage from my name to a LLC? Also in the past most banks were reluctant to give a conventional loan to a LLC and t...
Kevin Duong
Starting out with house hacking, but uncertain about long term scaling
Hi community!
I plan to get a property later this year and employ the house-hacking strategy (I already have the funds for downpayment and closing). One thing I'm struggling to grasp is scaling. I understand that I c...
Ayoka Moss
Tax deductible? - tenants rented for a month while I started capital improvements -
Hi, I just want to understand if I bought a property (quad) and received rent while I started the capital improvements .. can I deduct the expenses of the rehab still? This was a major rehab over 6 figures. Ty and ha...
David Morovitz
Sunrise Capital or Wellings Capital - MHP investment
I am researching Mobil Home Park funds and seem to keep circling back to Sunrise Capital Investors and Wellings Capital. Any pros/cons on either or any other operator suggestions would be greatly appreciated. Thank ...