I'm a new member but I have a CPA and Masters in Accountancy and Master in Taxation.I saw people posting about cost seg decisions and thought I would share some thing I had learned from others1) The cost seg savings m...
I Currently live in Middletown NY and would like to start investing in my first rental property in Orange County, NY. I’m 26 years old and have a great job as a union construction laborer. I’m struggling because I don...
Hello,I just bought my first rental property here in Chicago. I originally was following the "BRRRR" model, but this condo unit is what you would call turn key. I got it for a great price in a neighborhood that is rap...
I was reading through one of the blog posts on BP and someone commented that they heavily base their choice of where to buy rental properties on the school score ratings. I was thinking to myself about how not partic...
Hi,My name is Kathy. I have been a teacher for 21 years. I'm looking for a way to free up my time and invest to give my family a better life.
I am hoping I can get the answer to this practical question. Yes, I know “if you can conceive it you can achieve it” and “always think positive.” I believe that and I get it. I want to know how many of you are actu...
Politicians are again talking of eliminating the 1031.Does this change anything for you? Does that just increase your hold time, so decreases real estate activity?Do you sell/exchange anyway and just pay the tax man...
I joined this community in the beginning of 2023 and it was the best business decision I have ever made. The education is amazing however its the community that makes this mentorship priceless! The value you get fro...
I am looking to purchase real estate for both investment purpose as well as to offset as much tax liability as possible. Is my thinking correct that homes in highly appreciated areas won't benefit as much from Cost S...
Working through a foreclosure in Cincinnati OH. Awarded property in November. Borrower determined to stay in home. Mad at the world which now includes me. Wouldn't/couldn't take a 50% forbearance deal. 2 prior bankrup...