Whitney Hutten
Continue to Leverage HELOC or Cash Refi on Primary
Hi! We are looking to leverage the equity we have in our primary residence to accelerate our rental business. We took out an HELOC as a backup for large expenses with our business. We've tapped it a few times to ma...
Ryan Elam
Looking for CPA - STR Tax Strategy
Hi there,
I'm a new STR investor and am looking for a CPA who is an STR tax expert. In particular, I am looking to deduct 20-25% my STR purchase price.
Vitamin Gee
Dodd-Frank | Prepayment Penalty Q
Hello,I have a question about Dodd Frank and the application of a prepayment penalty.I’m selling a condo for 305k.Buyer is:
Putting putting 30k down;Getting 130k mortgage with bank and;I'm dong seller financing for ...
Nick Eldridge
Newbie Wholesaler From Birmingham, AL
Hello BP Community!I'm a college student looking to accelerate my journey into real estate investing. I have accrued some knowledge from the BP podcasts and forums but I know I need to work on networking since I am st...
Andrew Low
New to Real Estate Investing
Hi everyone,I am new to real estate investing. I have been doing lots of research into real estate specifically on the multi family sector. I am looking to connect with folks to get my foot in the door.Any help is gre...
Tavaris Little
Might be a dumb question.
In wholesaling is it best to find properties that are fully paid off? Because that's what I'm thinking or otherwise it would be considered a short sale if the owner sells it for less than what's owed on the house. Am ...
Julio Gonzalez
Cost Segregation on Office Building
A Cost Segregation Study was performed on a 2-story, 5,237 square foot Office Building located in Louisville, KY that was built in 1946 and purchased by its new owners in 2021. The depreciable basis of the property ...
Jinhee Hann
Cost Segregation study and lump sum depreciation
Does everyone know about cost segregation?
Thank almost hired a company at a cost of $4k, to do a cost seg study to offset my taxes. Then a cpa told me that that’s not necessary if I bought the property the same year...
Michael Harris
Free & Clear downtown rental property- How to scale up?
Hey everyone,
I inherited a great home (3/1.5) owned by the family since 1930 in a popular downtown area about 6 years ago. I have ran it as an STR through Evolve (with no great STR knowledge) and didn't clear more ...
Justin Fox
Depreciation of appliances, fixtures.
If you put your previous home up for rent (10 years old), can you depreciate the appliances, and fixtures separately even if the the appliances and fixtures are not brand new?Thanks,Justin