Hi, Over the last year i've acquired 2 rental single family residential properties (not in LLC yet since rates are so high they are standard 2nd property 30 year loans). I also have an LLC that owns and leases commer...
At what price point does a Cost segregation study become worth it? I have a property I am almost done with the remodel on and it will most likely appraise for 160k and have another that did for 140k. Would it be worth...
I am about to close on my first house hack investment, a duplex, using an FHA loan. There will be renters in one half and I'll live in the other. Having been a renter my whole adult life I own minimal tools and zero l...
I just purchased my membership to biggerpockets and I'd like to get some sort of receipt from biggerpockets to serve as documentation for my tax deduction. I didn't get a receipt and I can't find a way to send a help...
My short-term rental is out of state but I manage it remotely (mostly guest communications and troubleshooting issues) and if I include in that the time I spent getting it ready to rent, I would say I materially parti...
Hey gang, One thing ive heard alot from folks lately about is how they are having their spouse qualify as real estate professional status, and getting the hours for it via having them "manage the property manager" and...
So I received a call in the middle of the night a few months back, and the furnace was out and it was -20 outside so a true panic call. I had to replace the draft motor in it, for about $1200 (middle of the night ...
Hey BG community,It's that time of the year again for taxes! Since I only had a W-2 and one rental property income, so it looked straight forward enough to do it all by myself on TurboTax, right? By pure procrastinati...
Have a few questions 1. Can you buy a property as a vacation home (10% down) , use it for personal use for 2 weeks in the year and use it as STR for rest ?2. Can you do a cost segregation on this property and use it f...
To me that is real money...if we pay property taxes early in November we save money ...then a little less in December ...January etc...till you are paying the full amount with no savings in March ...not sure why anyon...