Hi Everyone,Want to try cost segregation for airbnb this year. Have couple of questions in terms of what type of property is best suited for cost segregation. Obviously, not to the point where it makes no sense as air...

My LLC is registered with the state, the finances are set and we are looking for our first property. We must first however get our Operating Agreement set. We have actually agreed on everything thus far. There is o...

Does anyone know if any banks would allow an investor to self insure their properties?  I asked a few of my bankers as well as friends in insurance and no one seems to have an answer.  My issue is, with over 80 homes ...

Thought I would start a thread to see how different people define risk and take it into consideration.When I was in Grad School one of the finance advisors, who also manage money for other people, defined risk as "The...

I have a few questions as it relates to LLCs and I am sure that they have been answered countless times here on the forum so I apologize in advance. I do not know what I do not know, so anytime I mention what "I know...

Hello All,I'm wondering to whom I should turn for guidance in the following scenario.  I had a roofer do a tear-off and new roof installation of a flat roof on a 3-story townhome in Chicago last summer.  As far as we ...

Hello everyone!
I am trying to come up with the best way to split profits for a 3 person partnership.
We are looking to purchase a property for short term rentals. We are all planning to split the down payment even...

Account Closed  and I bought our first investment property (not a BRRRR) in early 2018. We are both have full-time jobs as CPAs.
What have we done:
We just completed our 10th BRRRR in Atlanta and have 17 properties ...

Can remote STR help us to qualify STR tax benefit. STR in Florida and owner lives in VA. Managing remotely from VA after initial 2 weeks of onsite hours in furnishing property (~80 hrs) after closing in june.And 20+ ...

Hello Bigger Pockets family!I am new here to the forums. Let me explain my story. My father passed away a few months ago unexpectedly at the age of 52. He left us with his home with a mortgage of 156k on a house worth...