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HelloLooking at personal house and rentals and depreciation...I havent sold yet....I have a few rentals that I have been holding....when it comes to sell...how are you guys lowering taxes to the max?On depreciation......
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I'm an out of state aspiring investor (living in CA, looking to invest in more affordable and cash flowing locations) looking to by my first investment property and wondering whether purchasing a new construction SFH ...
I am a newbie investor. I have been looking at houses this last week. I will be honest, I walk into a house and don't really know what I am looking for or how to tell if a house is in good or bad shape. I found out th...
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Hello BP-I purchased a home in Truckee, CA with the Intention to Rent out the property on an STR basis. The town requires an STR permit before renting and they limit the number of STR Registration Certificates to 1,2...
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Hello all,New to BiggerPockets here - and wanted to get some thoughts on whether or not to replace a roof during the rehab of a flip. Comps in the neighborhood are around 150-170k. Here's the issues with the roof:1....
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Can someone explain to me how tax depreciation works as an LP? At what point do I actually pay taxes on my capital gains? Is it really just deferment and at some point I'll have to pay on all of it? Seems like a too...
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Hello,According to NOLO's Tax Deduction Guide, the waters are somewhat murky when determining whether a rental property owner is a "business" or "investor." I own one out-of-state single family residence that has ten...
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Hey guys, very long time reader here, but first time poster. I wanted to see if other experienced investors could help me on how to deal with the stress, anxiety and sometimes the fear of managing a larger portfolio o...
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Hello all,So I've got an interested seller for 16 units I'm trying to acquire. He's given me his last 3 years financials (as reported to the IRS), but I haven't been able to get the T-12 or rent roll. We've only been ...
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Hi BP folks! My name is Mike and I have been perusing the boards for a couple of months now. Well...we pulled the trigger and made an offer on a duplex that is about 30 years old a couple of weeks ago and had the insp...