Peter Morgan
Is it possible to carry over bonus depreciation to next year?
Hi,I am considering a syndication investment with 80% bonus depreciation on the first year.However as I understand the depreciation has tax advantages over passive income only but not on regular W2 income.Had passive ...
Alex M.
Hardwood Floors: Getting the best bang for the buck
I love hardwood floors and prefer them over vinyl and laminate, but wood is very expensive.Does anybody have experience with either utility oak or reclaimed hardwood?Utility oak is commonly a low grade hard wood, usua...
Brian Porter
Buying foreclosures on the courthouse steps
I have been a professional Realtor for 7 years and a real estate investor for 10 years, and I just recently discovered the secret to buying properties on the courthouse steps. You have to join a team. You can't do i...
Joey Morgan
Help with writing a "subject to" offer
I'm a Realtor in Central Oregon and a client wants me to write a "Subject To" offer. I've never written one of these before so any info would be super helpful! Like specific clauses to include, contingencies, etc.
James Boreno
Do I have to pay Capital Gains?
Hello BP Fam,One of my SFH caught on fire and I'm in the process of selling it to a contractor. Had a quick question.I purchased the property for $500K about 10 years agoI'm selling the property for $575K with the Fir...
Luis Fajardo
Scott Bessent Confirmed as Treasury Secretary: What It Means for R.E Investors.
Scott Bessent has officially taken the reins as the 79th Treasury Secretary, and his plans are already making waves. Known for his sharp financial expertise, Bessent has introduced an ambitious “3-3-3” economic pl...
Joe Michaels
What happens after 27.5 years with major improvements, can you still deduct?
Hi,Just watched the latest BP podcast about cost segs and it got me thinking....What happens after depreciation runs out on your property? So as I understand it, repairs/maintenance is fully deductible the same year ...
Anders Nordberg
I have two potential tenants but not sure which to choose!
So I am currently looking to replace my old tenants in my house hack and have gotten a lot of interest. Roughly 70 people have reached out to me to see the property! I have had a few showings and today got two appli...
Jeremy Pace
Ancient Boiler Issues
General Question:Several of my rentals have boilers across the spectrum of quality and age. My oldest boiler is in a 5 BR 2 BA house. It's been producing a LOT of carbon monoxide, so much that I feel like it's a haz...
David Stafford
Re-purposing industrial buildings
Hi everyone, I'm looking for some sage advice on the re-developement of commercial/industrial buildings for the purpose of re-zoning them into multi-family apartment buildings. Sort of the loft-style living. I have ex...