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Hi all. So I am one of those folks who missed taking depreciation on my rental, but it's been 14 years. Now that I'm selling the property, I found this mistake. I'm filing for 3115 to claim the missed depreciation (...
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I "stumbled" across a website that provides cost segrgation reports. What was unique about this one is they will sell you a membership and then allow you to create reports on your own. Unfortunately I didn't note thei...
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Hey I been studying but want to take action and I don’t know any one in real estate so was told to find a realtor that’s investing friendly any suggestions thanks
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Hello Everyone... I recently moved back home to Tampa, FL from Germany working with the U.S. DoD. I accepted a new Fulltime position still with the Gov. as a Risk/Financial Analyst. That is my main job I love it, but ...
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Last year, I created my first deal and purchased a four unit. My fiance and I house hacked a duplex, where the tenant pays the majority of our mortgage. And during this difficult time we were able to use an unique str...
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We own a SFH long-term rental property in Nevada that was placed into service in 2023. We have run a cost seg study on the property and qualify for 80% bonus depreciation. In 2023 we also had a major repair take place...
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Hello Everyone!My name is Audrey Easton and I am looking to get into real estate investing to create some passive income. A quick overview of my background: I have a degree in Neuroscience from Emory University, decid...
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Hello, I recently bought a small store just outside of LA, and my accountant was telling me if I wanted to save some money on my income taxes for next tax season, I should consider a Cost Segregation Study. He told me...
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Hello everyone!My name is David McLean and I live in the Chattanooga, TN area. I've been a non-active member of BP for several months now and wanted to finally introduce myself. The BP community has been such a great...
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Hello Bigger Pockets community,My name is David and I am a 19 year old college student. I have had an entrepreneurial spirit my whole life and when I was 17, I started a business. While owning a business is great, I w...