![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1825812/small_1670862875-avatar-taylortv.jpg?twic=v1/output=image&v=2)
Here’s how that works:Depreciation is the act of slowly deducting the initial expense of an asset against your taxable income. Generally this is over a 27.5 (residential) or 39 (commercial) year time frame. So each ye...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/679613/small_1621495319-avatar-rickvia.jpg?twic=v1/output=image&v=2)
I'm at a seminar in Dallas . The guru is Phil Grove. The sales pitch is now happening. Does anybody know if this is worthwhile? A ripoff?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/180182/small_1621422652-avatar-nevertheless.jpg?twic=v1/output=image&v=2)
We had a conversation with a guy today and it went something like this:"Hey I saw you hauling some lumber the other day. Whatcha building?""We bought a rental house and I was fixing a safety hazard." (Concrete step at...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1381185/small_1621511791-avatar-vasilyr.jpg?twic=v1/output=image&v=2)
I am working with two agents who showed me a bunch of MFH properties: mostly duplexes, some 4plexes. One in UW, many in Greenlake, some in Cap Hill/First Hill and a couple in West Seattle. My plan is to house-hack wit...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/625705/small_1621494088-avatar-bigsnacks88.jpg?twic=v1/output=image&v=2)
I am about a week away from finishing a very larger rehab project and want to ask if its worth it to use a traditional listing agent or to go with a flat fee transactional broker? I understand that no matter what I w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/27536/small_1621364069-avatar-kirkb.jpg?twic=v1/output=image&v=2)
Or is it just incomplete?
House 1:
Units: 2
Gross Rents: $1,000
...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/275632/small_1621440762-avatar-sylviap.jpg?twic=v1/output=image&v=2)
Hello BP members in Cincinnati or those investing here. Please be careful of who you invest with. I had the unfortunate experience of investing with someone here and it ended up being a scam. True Story of How my Firs...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2139871/small_1621518285-avatar-adrianaa22.jpg?twic=v1/output=image&v=2)
Hello All,
I am brand new to BiggerPockets and find it to be a great place comprised of helpful advice and expertise. I am a landlord of a single family home in California that has run my property as a charity rathe...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3152321/small_1733149724-avatar-jamesk758.jpg?twic=v1/output=image&v=2)
I’d like to start a new kind of real estate brokerage. It would dually represent buyers and sellers and charge a total commission of no more than 0.6%. Instead of depending on buyer agents to drive prospects from hous...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/169950/small_1685187252-avatar-bhall005.jpg?twic=v1/output=image&v=2)
Happy Holidays! As of today, the House and Senate have sent the GOP Tax Plan to the President to sign into law. I've seen numerous threads popping up about the GOP Tax Bill. I wanted to start a thread to consolidate q...