Trying to determine if a cost seg study is worthwhile. Our purchase price was very low $225k and land value about 30% of that. We renovated property doing all the work ourselves so I'm not sure if we can factor in our...
I assume 2-3 wouldn't cut it (time-wise), should I be looking for around 5 or so? Much more? Much less?
How you write off your auto expenses does matter for taxes. It also does matter for loan underwriting. Notoriously, lenders and CPAs do not understand each others' rules and are often locked in needless conflicts. Fre...
Considering buying my first condo to use as a rental and I want to make sure the numbers I'm using are accurate. The source I've plugged my numbers is from an online website. The numbers are based on MLS listing, simi...
I'm looking for a dependable, honest, general contractor in South Florida who is used to working with investors. I just purchased two properties at foreclosure auctions and I need to flip them. They only need minor...
I am a w-2 employee. I would like to start a side business for my wife and I to qualify for sd solo roth 401k. If I start an llc that executes regular marketing, wholesales some properties and completes some rehabs....
Cost segregation has been a very popular tax strategy for real estate owners as it can provide significant tax savings. A cost segregation study is a strategic tax planning tool that separates the assets that have a s...
Hello BP Community, thank you in advance for reading my questions and providing me with your thoughts.I have recently purchased a duplex and will be renovating both units. I want to focus this discussion on what use...
Fellow landlords, hello! I am doing some research for a research project on the criticality of the time component to the success of rental real estate investing and I would love to get your inputs to create the data s...
Hello BP family. I’ve been in contact with a motivated seller. We are in negotiations. However I’ve been unable to find a comp on property. It’s a Tri Level. No other Tri levels in the area. What should I do. I need t...