William R. Matthews IV
Write offs for developing second home?
Can I write off all my expenses it takes to develop a second home that I intend to maybe Airbnb when I'm not there? Thoughts on this? I'm looking to subdivide my lot and build two single family homes on the Oregon Coa...
Kyle Coleman
W2 Day Job Question
Hello All,I'm already an investor, but still fairly new. I have a few buy and holds that cash flow nicely, but I'm looking to branch out and grow faster rather than sit and wait for 20-25% down payment every time.My ...
Rich Schroeder
Free online life insurance underwriting advice
there is a post from a kind physical therapist offering free advice to BP members. I think this is a great idea and willing to do something similar.
I've been a life insurance underwriter for over 13 years, dealing...
Sean Cohen
Hello BP! Newbie from Tel Aviv
Hello BP ! My name is Sean and I'm a 21 y/o newbie investor from Israel. First of I wanted to thank this amazing site that helps me enrich my knowledge on a daily basis.My main goal is to become a buy & hold inves...
Isaac W.
Worth it to hire a CPA for a side gig that only brings in <7,000K?
Hello All,Very new here, both to the community and to investing/real estate at large.I'm wondering if you all think it's worth it for me and my wife to find a CPA.Our financial situation is pretty simple. We both have...
Andrew S.
How to max 401k up to exact limit?
Good morning,So far this year, I have contributed $12k to my 401k. I'd like to contribute up to the max $19,500. I'm able to change my contribution percentage up to 75%. My pretax pay is $3912 per 2 weeks or $7825 p...
Shawn Chase
Another Depreciation Recapture Question
I have been reading about depreciation recapture and understand it pretty well. However, there is one question I cant seem to find an answer to. Upon sale of a rental property I find that I have a capital loss. How...
Christopher LHeureux
Cost Segregation - Asking the Right Questions
Been reading a few threads, and there is lots of good advice. Looking to validate my understanding and have a few questions...What I think I know: A cost seg will advance deprecation that will accumulate if not used t...
Brett Skauge
Start a separate property management company?
Hi folks, I don't like how I am not compensated for my time as landlord when I am doing renovations/maintenance on my properties. I guess maybe it just creates a convoluted mess of paper-trail, but if I created my ow...
Joe Luciano
Won't Uncle Sam catch up eventually?
What happens when you decide to stop buying properties? Won't you have built up and built up an incredible amount of taxes you will need to pay? Is it better to pay as you go? You'll need to pay eventually, right?