Charles DeJournette
I'm Charles DeJournette a new member
I have two passions one is the study and practiceof Natural Health and the pursuit of "total body Health". The other is developing financial independence utilizing the best investment vehicle there is - Real Estate....
Mark Boegemann
water leak detection in a crawl space
I have a 40 yeaar old house with copper pipes, and a crawl space, in the last six months Ive had 2 leaks spring up in long runs of the copper. I've asked the local home depot plumber about it and he says its due to e...
Marc Shin
STR bonus depreciation when purchasing with an LLC?
I work a W2 job and pay a lot of taxes. If I purchase an investment property with an LLC can I still take advantage of the STR bonus depreciation? or do I need to purchase in my personal name in order to take advant...
Romina Grecu
Looking for advise for purchasing a boat for STR
I live in Fort Lauderdale FL and I want to buy a used boat and turn into a STR. I know nothing about boats . I am hopping that boat STR will give me a better cash flow ( considering that I would not have a mortg...
Michael Temple
Tenant asking for bug treatment
I received this text this morning from one of my tenants..."Good Morning, Mike! We have been seeing a TON of spiders and bugs in the house, and were wondering if it would be possible to get it sprayed. Please let me k...
Tatyana Shevnina
combining section 121 gain and 1031 exchange
When combining section 121 gain and 1031 exchange, can you take out the section 121 gain or does it have to be included in the cost of the replacement property?For example, relinquished property is sold for $800K with...
Wai Chan
San Diego eviction process
Has anyone gone through a at fault eviction process with tenant in the City of San Diego recently? I am considering evict my tenant with at fault just cause due to the lease violation ( parking, trash, common area cle...
Chris Seveney
Getting A Deed In Lieu at closing to store away
There are gurus out there who will tell you when seller financing to have the borrower sign a deed in lieu at closing so if they stop paying you can just record the deed in lieu. Every attorney I have ever talked to h...
Michael Vialpando
AirBnB and Taxes - How to Handle Deductions & House Hacking
Hey All - My wife and I just closed on a house near downtown Colorado Springs - 80903 - and are excited to get our feet wet with this niche of real estate investing: House Hacking and AirBnB combined. The property has...
Oren K.
Tax Considerations for Canadians
Tax structure considerations for Canadians and US foreigners in general can be quite confusing. On the one hand, the mentor courses / boot camps / common advice (including many here on BP) is to just set up an LLC but...