For forty years I have bought and managed properties for my own account. I still have the first house I bought. In 2006 I wrote the best seller Building Wealth One House at a Time and just rewrote it. The 2nd Edition ...
I’ve been using the new app for a few weeks now and it’s just not getting better for me
*Writing a post ends up with everything scrunched together. No line breaks
*i miss the ‘recent topics’ view. I really like read...
We bought a trailer on 1 acre of property this summer. We decided to put a 8-10 person storm shelter on the property as we hope to add another trailer in the future. The renters were very concerned about not having st...
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Hi - I am a new investor starting to invest in long term rental properties. I am a high income W-2 earner based in NYC. What tax strategies do folks recommend? This will be a passive investment.
Hi All and thanks for your input!My husband and I have a 4-plex in NH, which we bought in 2017 and have been fully renting out. We're selling our nearby primary home and downsizing to prepare for retirement by moving ...
I have 3 rental properties and am looking to continue building my portfolio. I have had these for 5 years with no system to manage and track ongoing rental expenses.
For example, one of my tenants feels everything i...
What's up, BiggerPockets? I've recently started Driving for Dollars in my local market (Cleveland, OH). I go park the car near some streets that I want to walk, walk around with my dog and write down addresses of hous...
I am thinking about purchasing some rental properties and I am trying to educate myself on the proper way to go about doin it. I've read about the 50% and the 2% rule and I think I have a clear understanding of it. ...