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What are some of your depreciation strategies? I am trying to determine the best strategies to increase my depreciation and lessen the time table. Typically one would do a cost segregation for each building. My consul...
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BI am currently working as a real estate wholesaler. My purchase contracts states that the earnest money deposit is will be deposited with the title company upon execution of the contract.If the earnest money is nom...
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Would you rent a unit to a homeless organization? What are your fears about doing so? Are there any advantages? I found myself pondering these questions after reading the following article:https://www.austinmonitor...
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Hi BP,I'm still a new bird in property investment. After doing a lot of research, I recently purchased an apartment in Winston Salem, NC but now seems to have trouble finding a great PM company. I've talked to a few c...
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We've had a purchase offer accepted for a 1BR condo in NW Phoenix. It's been a successful AirBnB/VRBO property til now. Looking for advice for a newbie setting up a short-term rental property.
Questions:
Should...
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I am new to 1031 exchanges. Are the proceeds that are required to be held in a trust after the property is sold equal the sale price less the existing mortgage balance? Or is only capital gain required to be held i...
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Does anyone know where I can find a definitive guide on self-directed IRAs vs Solo 401ks. I mean something that goes beyond the superficial and tells me step-by-step EXACTLY what they are and EXACTLY how they differ ...
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Hello,My wife and I willbe buy our first single family home soon our plan is to use real estates as a means of eventually retiring early. My wife wants to put down 20% for our primary residence house which would cost ...
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I have a tenant who's lease is up. I am going to renew for an additional 12 months, but would like to raise rents. He currently pays $1,300/mo. I am planning on raising by $40 (~3%).The kicker here is that this partic...
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Does anyone know if these rules are still applicable today? My understanding was that in any given situation, you could not work full-time in order to qualify as a Real Estate Professional. For instance, if someone wo...