I understand depending on the type of closing (single vs double) that seller and/or buyer would need to be there, but I have a few questions.1. Who are the professionals that need to be there? I hear many people sa...
Hi everyone, looking to purchase my first mid-term rental property and I am looking for any and all information that anybody might want to share. The ups and downs, what to look for, and what to stay away from? There ...
Hi all, I wanted to reach out to you all here on the forum. I've managed several properties in Springfield for a few years by myself. Recently, I decided to move in the direction of professional property management fo...
I ask my CPA if they have a strategy for cost segregation, their reply was no. I asked if they have a strategy for step down depreciation, their reply was no. As a r/e investor would it be better to find a CPA who's a...
The real estate industry stands on the brink of a technological revolution that promises to reshape how properties are managed, bought, sold, and constructed. As we delve deeper into the 21st century, the fusion of te...
Hello bigger pockets members. I was wondering if anyone is doing mid term/short term rentals in Lincoln NE. I recently did a full rehab on a duplex and am looking into possibly doing a mid-term rental on one of the un...
I have a bit of a dilemma now. I just had a leak detection for a small leak and then it turned into a flooded basement where my brother is living. After removing the carpet it looks like asbestos tile is underneath an...
If I log the requisite 750 hours of real estate-related work a year and claim to be a professional investor, can I use my tax deductions from real estate to offset my spouse's ordinary income? Or is the professional ...
Hi everyone,
Thank you in advance for the replies. I have been learning and listening about realestate investing for some time now and have questions about how real-estate can be used to reduce taxable income. Lets ...
I’m finishing up a gut rehab on the Northside of Chicago in the next few weeks, and am wondering whether it makes sense to market my rental unit prior to the construction being 100% completed and professional pictures...