I was listening to podcast #49 and @amanda han who is a cpa said that if we currently have a 401k with my current employer, that i can transfer that money to a self directed 401 and then use that money to purchase rea...
Hello everyone, my name is Joel and I'm JUST getting started with my real estate investment education. I have a house in Columbus, OH but frequently work on television shows as a producer throughout the country. I a...
I have to give a shout out to Bigger Pockets! I am a regular listener to the Bigger Pockets podcasts when I am doing chores around my house and my STR property. A few months ago, I was listening to a podcast (I thin...
So say you've been depreciating a property for 10 years. Year 11 rolls around and you completely replace the roof. Does that just increase the remaining depreciable balance (basis) for 17.5 years? Or do you deprec...
Good Morning BP,My wife and I moved from Massachusetts to Virginia last summer for a job opportunity. We bought a house 4 months ago but just found out we are expecting. She is currently in grad school and will be una...
When I have to ask this question on BP it's time to find a new accountant. LOL. I will get my first 1099 from Airbnb this year. Do those numbers get transferred to a schedule E or am I actually paying regular old 1099...
My wife and I personally purchased a duplex in the Chambersburg, Pennsylvania area last year. We house-hacked while doing an almost complete home renovation in 6 months, moved out, found wonderful tenants to move-in r...
Hi everyone, I'm excited to join the community, after reading a few Kyosaki's books, made a Google search on the "Top Ten podcasts", so I downloaded "Stitcher" and started with listening to "The Dave Rampsey Sho...
A friend is considering selling a duplex purchased at the bottom of the market. They're not interested in a 1031 Exchange, they want to sell and be done with investment properties.They are not opposed to seller financ...