Aalaa Alrobaidi
Lease agent lied $ posted same apartment for cheaper price! Help!
Im highly upset. The leasing agent first told me that I would receive a $500 bonus when moving in and if I sign a lease for 2 years it would be $2,250 monthly instead of $2,350.
I then told her I would think about i...
Danilo Ojeda
Finding local contractors
A rental property was purchased in October 2018 and I've had my uncle for every kind of house repair from electrical to framing rooms. I would like to find contractors for every kind of use. From repairing appliances ...
Brian S.
Cover up surround sound wiring?
So the house I recently purchased and I'm fixing up right now is wired for surround sound. My plan was to leave the wiring in (in case I decide to sell it someday) and just cover the boxes up with plastic covers so...
Victor B.
How does accelerated depreciation work + request for resources
One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
Chuck Schmidt
Cost Segregation for SFR, and does Bonus Depreciation apply?
Looking at some SFR homes to purchase, in the $140K range ( 1 story, brick ranch, garage, 3br). Providing all the usual calculations work out ( rent, expenses, management) I have a few more questions on how to help my...
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Wai Chan
ADU bonus density in San Diego
I have a MF site in City Height that is CUPD-CT-5-4 which I can build 5 units + 1 ADU legally. The site is in transit priority area so technically I can utilize the ADU bonus density to build unlimited number of ADU. ...
Glenn Plantone
High Rise Condos Continue to Drop in Price...Maybe Time to Buy for Some?
I recently attended the public auction held to sell 20 units in the three MGM Signature towers located just off the Las Vegas strip. The auction was held on April 21st and was attended by about 125 people. All units w...
Kevin Suksi
Do appraisers just hate flippers or what?
So here's a crazy story.
We picked up n REO to rehab. This home is a half mile away from another one that we sold in February for $111,000. The two homes are identical for all intents & purposes - 3/2 brick ran...
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GO Zone Depreciation
Any accountants familiar with the GO Zone depreciation credit? I have done a lot of research on it, but IRS can be somewhat difficult to interpret.
50% instant depreciation could make a huge difference to investors....