Sorry if this question is dumb, but I dont understand how your going to be able to spend the money from investing in real estate if you just using that money to pay off your loan you got to buy the property in the fir...
My spouse and I purchased a cabin in November 2023 as a STR and started renting it out in March of this year. I’ve been hearing a lot about cost segregation studies and have a few questions…- What are some of the key ...
Hello BP, I'm looking for a local CPA that understands real estate investing and help with tax saving strategies. I recently listened to a bp podcast on Cost Segregation Study, and I was intrigued to learn more about ...
I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes. I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...
Hello all . . . I thought it would be interesting to hear your opinions as to what the top 5 reasons to buy rental property are.
So, What are your Top 5 Reasons for Buying Rental Property? :mrgreen:
I’m new to real estate investing and am learning as much as possible right now.
Scenario: My brother bought a mobile home house/trailer for $120,000 in 2019. It’s realtor.com estimated value is $160,000 (yes Califor...
Should a new investor pay 5,000-7,000 for a real estate mentor/coach?
Just want to make sure I understand this correctly....My wife & I each have SDIRA's....I was thinking about contributing $38k & she contribute $24k on a deal. We would be private lenders contributing on the s...
I was discussing depreciation schedules as a benefit for real estate investors over the weekend. The person I was speaking with seemed to think that the write off involved with a depreciation schedule would be due upo...
Hi everyone and thank you for taking your time to help. What are the differences if any to Airbnb Write offs and tax benefits compared to traditional rental or small multifamily rental properties? Depreciation, cost s...