Can someone help me understand the future of bonus depreciation? As I understand it, I can take 100% of 5 and 15 depreciation this year. This phases out starting next year. Does that mean next year I can take 80% of t...
Hey BP! A search of the forums didn't turn up any information on the topic so I thought I would start a new thread. I am researching vacation properties in the Lake Tahoe region and am interested in the growth that ot...
I never understood the phrase "if you do what you love you will never work another day of you life" until now. My journey in real estate so far goes as this. I passed the school and all the pre-requisites with flying...
This is my problem:
" It's further understood this transaction may not involve any thrid party who received a deed from mortgagor at, prior to, OR AFTER SETTLEMENT, and the purchase contract may not be assigned"
Wh...
Construction agreements or contractors are of different types with so many different terms; apart from Legal help as an expert Which are some of the areas/terms you think if not paid attention and understood properly...
Subject 2 Property/subject 2 deal: I am thinking about going for it. We always learn from experience and trying new things. Any thoughts?
Hello good people. I’m preparing to purchase another rental property and considering using my HELOC. My plan is to use the BRRRR method. The refinance step is confusing to me. When I google Cash -Out Refi Calculator...
I’m 18 years old and I’m trying to get into wholesaling real estate. I’m running into the problem of providing POF’s. How can I go about this? I know grabbing a random POF’s letter is consider fraud, etc. I’m not gonn...
I recently verbally agreed with a seller in my neighborhood to purchase a townhome from him for $130,000. As I understood the deal, he would finance the purchase and I would pay him $700 (542 in interest and 158 in pr...
In brief, I have a rented condo that was damaged due to an upstairs unit leaving their bathroom water on. Master bath/bdrm unusable (it's a 3 bdrm unit). Can argue up to 50% of the unit is not usable. Have a tenant wh...