Daniel Soovajian
Question about including prepaid insurance in calculations
Hello,When plugging in #s into the "purchase closing cost" section of the BP rental calculator, you can click the "cost breakdown" link on it to plug in specific components (e.g. points, taxes, hazard insurance, etc.)...
Account Closed
Tax Saving Strategies in Real Estate Investing
As an experienced real estate-oriented CPA with clients that invest in most real estate markets, I often get asked for strategies in saving money on taxes that apply to clients investing activities. Here are some key ...
Matthew Tierney
yellow letters
have any buy and hold investors had much success with using yellowletters.com to find leads. i am in philly and i was thinking about targeting absentee landlords. i invest in lower income areas and i know those neighb...
Christopher Perez
50% of Loan Requests get Turned Down Due to Improper Packaging
Preparing Loan Requests That Get Funded Lenders are driven by many factors; one of them is self-preservation. Simply put, no lender wants to make a deal that goes “upside down” Therefore, a would-be borrower, wants to...
Joe Michaels
What happens after 27.5 years with major improvements, can you still deduct?
Hi,Just watched the latest BP podcast about cost segs and it got me thinking....What happens after depreciation runs out on your property? So as I understand it, repairs/maintenance is fully deductible the same year ...
Nicholas Gaetano
Moving home and looking for real estate Information
Hi everyone,I am new to BiggerPokets and Real estate investing. At this point, I'm trying to get a feel for the long-term rental market in the Utica and Syracuse, New York, area. My wife and I are from the area and w...
Ryan Knapp
Looking for Cost Segregation Study insight
A key component of my real estate strategy involved cost seg studies, claiming REPs and accelerated depreciation to shelter a large amount of active income. However, I've been speaking with a couple companies and gett...
Jeffrey Hennen
Cost Benefits of Water Softeners
Hello Everyone,I am questioning whether installing Water Softeners into my rental unit in Mound MN is worth it. Here there is a 25 GPG hardness and .2-.8PPM (not sure specifically what my rental has), which leads to b...
Matt Ferch
Help with 401K loan math? Compared to HML?
Hello, I would like some help understanding the math related to taking a 401K loan. - I have a 401K which allows up to $50,000 loan for any purpose- 6.5% interest- time period can be 6 to 60 months- it is paid back wi...
Todd Aaron
Another Attempt at Starting Out
My first attempt with an excepted offer ended with a lot of issues found on the inspection and the seller was not willing to accept a lower offer. So I had to let that one go. I ran across several deals after that b...