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...
I attended a local REI meetup last night and the guest speaker was an auctioneer with 37 years of experience in RE investing. He was selling a strategy of buying properties on cheap because they were good for nothing ...