Sudhi Avula
claiming Bonus depreciation
I am buying a Short term rental this year but will be using a property management company only for this year, which prohibits me from claiming bonus depreciation.
If I manage the property on my own next year (2025),...
Alecia Loveless
Heavy Equipment purchase?
Has anyone ever bought a piece of heavy equipment like an excavator or a Bobcat as a means to save money because you kept having to rent them for projects?Any thoughts on if this might be a smart decision or if I shou...
Dustin DuFault
Walmart Paint - A Long or Short Term Problem?
Quick Question...I know plenty of folks (myself included) are not fans of Walmart paint.However: I have a property that needs to be painted and a tenant who is willing to paint it. With Walmart paint. Does this cheap ...
Account Closed
Property management certification or real estate license?
Hi, I'm a newbie looking to learn about property management. I have an extensive sales and marketing background and would love to jump into this career. My goal is to manage properties long term while I steadily inves...
Nathan Becker
Putting property in LLC
Hi Bigger Pockets community.
I am purchasing my first rental property (a duplex in Nashville) with my brother. I am currently house hacking a property and planning on moving out and renting out completely. I am curio...
Diana Fernandez
Pay cash or 20% down on a loan for tax purposes; 90kMFU
Hi newbie here,This will be our first out of state Multi Family unit purchase. It’s located in Texas off market and going for 90k. I was considering paying it cash or 20% down and carrying a mortgage for tax purposes...
Trae Robrock
Sell a property that has a tenant in a long term contract
When I moved away I rented out our house, since then I've been reading and learning from the forums and have since learned that it's not a property I will be able to get turned into a cash flowing property anytime soo...
Account Closed
Are All Eviction Notices Created Equal?
Hello BP,
I currently have great tenants but in case something changes I want to be prepared to evict. Are all eviction notices the same regardless of state or county? Can anyone confirm the legitimacy of t...
Jonathan Julian
New software startup for contractors in CA
Conquering Chaos in Your Field Service Business: How AutoOps Can Be Your HeroImagine this: a disgruntled customer calls you, furious because a noisy technician woke their child during a recent service call. Now imagin...
Geronimo T.
Attorney retainer fee
I'm im process of structuring my LLC. Currently talking to board certified real estate attorney. Haven't spoken with CPA but definitely will as I expect them to work together to protect assets and make it tax effectiv...