Jeremy VanDelinder
Interest in Williamson County/North Austin Meetup
"Wilco REI Synergy"A colleague and I are considering starting a meet-up to serve the Round Rock/North Austin/Williamson County area. Many of you may know that there is another one that has been meeting in Round Rock. ...
Derek Smith
Business Expenses - Can we write off prior to LLC?
Recently my girlfriend and I have been remodeling her house, some changes were required (repairs) while others were more cosmetic (general updates). Once finished we will list it as a rental, in a couple months, but w...
Derrick Lumsden
Depreciating HVAC Boiler
Hello All,
I am wondering if anyone would share their opinion or even expertise on depreciation vs repair.
I just had an old HVAC boiler replaced for $3900 including labor.
I know depreciation would cost out the ...
Ramy Mosbah
ChatGPT & Real Estate
BP Community,How are you leveraging ChatGPT to augment, automate, and accelerate your real estate ventures?I look forward to hearing from you!
Juan Carrillo
First deal! I NEED ASSISTANCE
I am taking a look at two douplex homes. How do I calculate if it’s a great deal? How do I put it in writing to simply present it to a lender? Also what would be my best option with the deal?
Andrey Y.
Who else thinks business/life "Self-Improvement" book are kind of BS?
Here is where I am going with this.- One book says you should say yes all the time, another says you should say no a lot.- Another book says set extraordinary, unrealistic goals, while another says you should be setti...
Marty Rogachefsky
New Refrigerator - Capital Expenditure or Repair?
New investor here!We had to replace our refrigerator in our rental, due to the old one breaking. Is this a Capital expenditure or an operating expense?I'm also wondering what the advantages are of classifying one as a...
Tom Killingsworth
Newbie in need of guidance
My sister and I recently rehabbed and sold our family home and caught the "flipper bug". We decided to partner up and formed an LLC in Phoenix, AZ to buy and flip houses. We will be purchasing the properties and our...
Sean Prokopec
Equivalent to a 203k Loan in Canada
Is anyone aware of a similar program offered by the Canadian feferal government or Ontario provincial government to the FHA 203k Loan?Or any kind financing available for a second property where the cost of renovations...
Lorraine Brock
24 Unit Complex - Vacant - Renovating
We purchased a 24 unit apartment complex. No renters. We are renovating it. We purchased in 11/18 and had a lot of expenses in 2018 AC, electric, etc. My tax person is saying we can not deduct any of those expenses on...