Does anyone know with the recent Tax Cuts and Jobs act for 2024 if bonus depreciation of 100% has been extended to 2026 for short term rentals? I believe it was scheduled to go to 60% this year. I am wondering because...
Hi all, I am negotiating to purchase multi-houses portfolio in Las VegasAlthough, there are tons of reference on BP about this, but have a specific question. 1) Is there any difference for LLC structure formation for ...
My accountant stated, “The losses incurred on the rental properties cannot be taken and will be carried forward as your income exceeds $150k, thus no losses can be taken against your ordinary W2 income.”I was really s...
Talk about taking caller ID to a new level!
Visual voicemail has been around for a good amount of time and discussed in great detail on ActiveRain, the real estate social network for agents, loan originators, and bro...
As I move into 2021, I plan to put my properties in LLCs - they are currently in my personal name. Yes, I know to get in touch with a local attorney based in real estate law - I plan to do so to help set up the LLCs b...
I invest in tax sales, mainly land. Looking forward to connecting to other fellow investors
Hello All,I'm new to bigger pockets and have mainly just been reading through other topics on here- but I finally decided to post.I'm a younger individual looking to get into the Real Estate game, I'm currently workin...
My wife & I are building our first house. It is a 4/2.5 main house w/a 2/1.5 ADU. Our initial plan was to live in the ADU while renting out the main house, & eventually move out & rent both. We are roughly...
Not really 100% investing related, but I'm closing on a house soon which will be a primary residence. It hasn't been updated in many years. I'll be replacing appliances, A/C, etc. I've found that I can get a lot of re...
Hi BP community,I'm currently in my fourth year working as a physical therapist in Oregon, but have the Real Estate itch, mainly from my addiction to the BP podcast. I work full time, but am contemplating going down t...