Uri E.
Cost segregation for the purpose of expediting depreciation (SFR)
Hello,
I buy, hold and rent out single family residences. Each new acquisition I then depreciate using a standard straight depreciation - total cost of land improvements. I recently learned that I could expedite some...
Reid Mathews
Can I Write Off Expenses Through LLC
Hey friends, this may be a silly question. But if I set up an LLC (to buy rentals in the future of course), can you buy anything in the name of the LLC if it is business related? The exact example, could I set up an L...
Daniel Chen
Section 179 Question for rental business
I am managing 4 rental properties that me and wife owns. All of them are LTR, I do have a full time job so this is something I do outside of that.
Regular activities include yard work, small repair & maintenances...
Yi Chu
Credit Card for LLC
What is the requirement to get the approval of credit card for LLC? Can I use my personal credit card for LLC expenses? If I can not use my personal credit card, which bank do you recommend to apply for credit card?
Charlie Rushton
How to evaluate or buy an RV Park
Hi There,I am trying to understand how best to value an RV park. What are the value add components that one should consider, like amenities. Are they a year round revenue stream or more geared towards vacation rental ...
Mary Jay
Getting a mortgage without a W-2
Hey guys,Can you please help me out?Ive been thinking of retiring early, but not sure if it will be possible to get a mortgage if you basically have no job?Ive heard it was still possible as long as rent on rentals co...
Par Attaran
Flood insurance in a non flood zone ?
I don't live in FL, so can anyone tell me if they get flood ins on your properties that are not in Flood zones ?I've had some people say its a waste of money if not in Flood Zone, and others say Flood ins is necessary...
Eric Anderegg
Looking for help!
I have about 100 k equity in our family home in the outskirts of Vegas ( pahrump) we are going to list the house in the next two weeks and move back to Vegas. Our long term plan is not to live in Vegas but with my job...
Account Closed
What is your target cash on cash and ROI in Central California, trying to evaluate a deal
Hey everyone, we are looking at purchasing a property here in Bakersfield and I wanted to pole our fellow BP members here to see what percentage of cash-on-cash return you're accepting. The potential deal I'm looking...
Keely C.
Fire Sprinkler Alternatives
Working through a messy permitting issue in Los Angeles, CA. LADBS is requiring installation of a fire sprinkler system. I plan to submit for a modification. Does anyone have advice on an alternative Active Fire Pr...