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Results (10000)
Jeremy W. 1st Property - STR Plans - Write-Off Initial Costs?
8 March 2023 | 2 replies

Jumping in to my first property finally!  Buying it as my primary, will Air BnB as much as possible throughout the year and stay in my RV when it's rented.  I will be managing the property, doing all of the listings, ...

Lindsey Matejak Renovations and Tax Implications
23 December 2017 | 2 replies

Hello BPers! My wife and I just purchased our first property using a personal loan. It is 3 units and will be owner occupied. We did the research about LLC vs Umbrella Policy and ultimately decided on a $2mill umbrell...

Harry Perrette 1031 exchange between 2 LLCs I manage.
23 August 2023 | 5 replies

I searched the forms but didn't find the info that I am searching for.We are selling a piece of property for 850,000. We currently own a building that has a loan of 325,000, with a recent appraisal of 400,000. Both of...

Anish Arora depreciation recapture when selling rental SFR
10 November 2017 | 7 replies

I can't deduct depreciation of rental SFR as I does not qualify as "active" real estate investor because I have full time day job and SFR rental is only part-time.When I sell this rental SFR, I recapture depreciation ...

Timothy Launhardt My goals for 7/08
6 July 2008 | 3 replies

- Obtain seperate phone for business.

- Attend local RE Club meeting for first time.
- arrive early, stay late.
- immediately place contact info from networking into my
database.
...

Jerry Gandolph Best way to handle taxes on Flip house
19 December 2013 | 13 replies

Hello,

Im closing on a property today that I intend to flip for a profit. I bought the house via forclosure for $115k, will put about $20k into it and will list it for $225k. Im curious what is the best way to approa...

Jeffery Ledford Finding Off-Market Investment Properties
4 January 2022 | 1 reply

The hardest part of REI is finding the right inventory! What are some strategies do you use to find off market properties to give yourself the best chance at landing a new property? There are so many avenues that ever...

Mary Joe Florida law for transferring ownership - need advice
22 December 2013 | 32 replies

Hello, can someone tell me what is the best way to transfer ownership of a property from a C corp to myself personally ?

I own 100% of the shares of the C corp. I own the property free and clear.

I und...

Roger Pearce Accelerated bonus depreciation for short term rental then switch to long term rental
17 November 2023 | 8 replies

I'm looking for some expertise from STR landlords or accountants.  I came into an extra $200K this year! The problem is it's going to be taxed as W-2 earnings. I only have long-term rentals and a full-time job so I co...

Steven Barr Builders Risk & Liability Insurance - Post Construction
16 January 2025 | 1 reply

I just learned that builders risk and liability insurance coverage can cease once a CO is issued for a new build. The provider I am using allows for 60 days of continued coverage once construction is completed.
I’d ...