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My current accountant has apparently not been taking depreciation on my rental properties every year. I am a rank novice in this area. Just wondering whether there could be any strategic benefit to not taking the dep...
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I know most people on the forums are well established financially and have real estate acumen, so please bear with me and be gentle ;)I have lived in an owner-occupied duplex (top/bottom) for 12 years now occupying th...
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Hello! First off, thank you for contributing to this incredible corner of the interweb. Amazing to see sincere dedication to helping others in such a competitive field. I have gained so much from lurking, time to ge...
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I just have a question for anyone active in SoCal; Are there any areas in southern/ central California where long term rentals cashflow, or is that impossible now with today's interest rates? Most of the deals I see t...
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Hello all - I have invested in Memphis, TN and Jacksonville, FL markets. But, looking to diversify into other markets in the country. Please help suggest markets (as well as will appreciate any investor friendly realt...
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Hey guys my name is Matt Rich 30 year old, I’ve listened to bigger pockets podcast on Spotify for months now and just now getting on here to try and learn more. I currently don’t have any extra real estate I own my ho...
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(I apologize in advance for the long post)Some background:I'm interested in a property as a rehab project located in a seaside town here in Massachusetts. The average lot size as you get closer to the water is greatl...
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Hey everyone, new investor here. I have a clear goal of trying to hit $3k / mo in net cash flow and I have a moderate-to-high risk appetite. After some initial research this has led me to being attracted to STRs.I've ...
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I am currently in Preforeclosure with a scheduled auction on August 20th, and I am under a special forebearance due to medical issues and having 2 small children under the age of 7. I found a buyer for my home, got a ...
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Hi all,
I've been trying to find updates of the 1% rule and whether it's working in 2024, specifically when you're using a mortgage at 80% LTV, 30-year mortgage. Looking at rates today, if I were to buy a property fo...