What percentage is the structure worth vs land for depreciation?In California in the property tax bill you can see sometimes the land is 90% and the structure is 10% but the reality to rebuild the structure can someti...
Howdy BP community. I had my first house hack go very well in a class A neighborhood. Since then I’ve moved out rented it out and working on a live and flip for my second property (sf) so I can have a house of my own...
Let’s look at the great tax advantages of investing in multifamily real estate. These benefits fall into five main categories – Depreciation, Cost-Segregation, Passive Income Tax Treatment, 1031 Like-Kind Exchanges, a...
I currently own a SFH in Philly and am looking to kickstart my foray into REI by renting it out and house hacking a multi-family property (up to 4 units). My plan is to find a property that is 3 years old or less so I...
Let me preface this with I ALWAYS hire someone. I attempt to estimate my tax bill every year and I am ALWAYS wrong. I pay a CPA, I've learned my lesson. That being said, this whole tax thing really works me up. I am a...
What kind of insurance do you need on your rental properties?
how do you do your taxes when you have income from rental properties?
My wife and I own a couple of properties in Los Angeles (1 single family, 1 4-plex). After many, many discussions, we've decided to use our resources and move forward in expanding our long term portfolio and purcha...
Here's the backdrop....For the past 20yrs I've ran a residential design/build company. 10yrs ago I was able to get into REI and now have 6 properties total (2 personally (1-ABNB / 1-SFH LTR)/ 4 (LTRs) in a LLC
with ...
Hi all! I own multiple dermatology practices and I have the opportunity to buy the land/building of a practice I’m currently looking at. It’s a $1700 sq ft building in a super hot market, (only 7 parking spots though,...
Hello everyone My name is Juan I'm a new contractor in the Dallas area, I'm An avid bigger pockets podcast listener and I have a question regarding a new build, my father in law has about 300k in equity and I was won...