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Hey BP team, I have a SFR rental and their 18 month lease ends in November 2023. They have been exceptional tenants. They currently pay $1750/month, which I would say is on the lower end of average for the area. I was...
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Hi Im soon to get my real estate license. I was inspired after reading scott trench's book set for life where he said it would be a good idea to get a commission based job and im going to use it to help my investment ...
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hello bpi have a question on establishing a jv partnership. hows does dodd frank effect me and the jv partnership. the jv partner is a good friend of mine and we have know each other for over 8 years. i have never ask...
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Evidently Bigger Pockets has given me the distinction of being one of the top recent BRRRR contributors which I find ironic as I am generally posting about flawed logic many BRRRR investors use in vetting investment o...
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How to Gage Economic Conditions
These are ways to determine economic conditions:
- Local Sales Tax Reports - paying close attention to the major factors affecting the major employers
- Auto sales - dig down to le...
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Hey BP folks!We have a few STRs that we have done cost segregation studies on. After operating the STR for the first year can we turn the STR into our primary residence for 2 years then sell and avoid capital gains ta...
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How do you determine the the tax rate for depreciation recapture? When you recapture the depreciation when you sell a property, is the recapture tax rate based on your ordinary tax rate at that given time? For example...
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Hi BP,
Thank you, for your time.
I am about to finish the Probate Sale of my parents home in Inglewood, CA due to them having no estate planning.
My plan is to finish Probate and buy a Multifamily in Las Vegas or ...
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Foreclosure activities in the United States have continued to fall in the first quarter of 2017 to a level not seen since before the recession, and this trend has been happening for the last seventeen months. Although...
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Among other things, I am in the process of remodeling the laundry room in a 3 story, 39 unit property I purchased last year (25-2B & 14-1B = 64 Bedrooms). Currently, the building is set up with 3 laundry rooms, on...