My CPA was discussing some ways to accelerate cashflow on my properties and mentioned bifurcated deduction/depreciation on some of the improvements (e.g., carpet, appliances, blinds). However, she mentioned that for t...
BP Community,Ever so often we come across investors whose tactics don't give us the "warm and fuzzy". While each state has its own legislation and case law, it is important that we all, in our continued efforts to so...
I am selling a house (San Jose, CA)... I have selected an agent to handle the house; he's been in the business for many years, and has a good reputation with previous customers. I've felt good in all my dealings with...
Hey there and happy holidays from Florida! First time homeowner who purchased a multi-unit with my boyfriend. We're renting out one unit to a longterm tenant and Airbnb'ing the other. We both work full time, regular 9...
I'm looking to buy my first rental property. I was wanting to make my business an LLC. Is it better to buy my property and transfer it later to an LLC or start the LLC first and buy the property under the business? ...
Hello BP colleagues,Let me begin by stating that I am aware that this type of topic should be discussed with a real estate attorney before decisions are made, but I want some early guidance to further my research befo...
Greetings,one of the agents I work with in mid-Hudson valley (Putnam and Dutchess) keeps saying "well, because it's over 4 units there are tax implications..."On the question "can you elaborate", I got an answer "well...
Hello BP![I originally posted this question in another forum, but think it might have been slightly off-topic as I didn't receive any replies. I am trying again here.@Dan Heuschele, i didn't want to risk high-jacking...
I hear that I should utilize cost segregation to calculate my depreciation in this first year of renting, but every calculator I find starts with the question "How much did you pay for the house?". I bought a new hous...
I am looking into SDIRA's & wanted to get some opinions from experienced investors? Thank you for your time.