Hey All!!This is my first post on the BP forums, quick intro I'm based out of Tracy, Cali. (NorCal), My goal is to achieve financial freedom, I like piping hot coffee and long walks to the pantry. Introductions aside,...
Hey all! After listening to the last episode about bonus depreciation, it left me thinking about my home I recently converted form primary to rental. In the episode it was said that bonus depreciation had to be taken ...
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Investment Info:
Small multi-family (2-4 units) fix & flip investment.
Purchase price: $67,000
Cash invested: $2,300
Sale price: $90,000
Purchased this property from an investor with a portfo...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $365,000
Cash invested: $90,000
Charming Log cabin in the heart of Maggie Valley. Picturesque setting at the end of...
Hey all,
I wanted to share my latest deal with everyone. What makes this one particularly special is that it was with BP members from start to finish. While I will not be sharing specific numbers as to respect the ...
Hello. I'm gunning to purchase my first investment property. While I was looking at more traditional three or four bedroom SFHs, I came across a FSBO 1 bed/1 bath 450 square foot home, built around 1950, being offer...
I've seen/heard that putting goals out for all to see can help them come to fruition more often than those that are kept secret. I suppose one reason that many people don't like to put their goals out there is fear or...
Investment Info:
Small multi-family (2-4 units) hard money loan investment.
Purchase price: $620,000
Cash invested: $145,000
New construction duplex build in 2022. Each unit is a 2 bed, 1 bath with...
Hello I have a mobile home. I currently have 2 window units I purchased from Home Depot. I was quoted 12-14k for new central heat and air which included all the duct work. The home is 970 sqft. Should I stick with win...