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Hi everyone. Newbie to BP forums here, although I have been reading articles and listening to podcasts for a while. I need some tips, pointers, tricks or general advice regarding investing at a later stage in life.So ...
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When you are demoing or renovating a building where you tear out HVAC units, lighting, and other components, these assets are considered retired or abandoned from the building. Therefore, the book value of these asset...
Hi BPjust purchased my first house hack, mande tons of mistakes, but learned so much from the podcasts. I am trying organize my finances and will be speaking with a CPA but and am trying to maximize all my deductions,...
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Hey BP community, I am just getting started and would like some input.
I am trying to get feedback on other investors experiences (good and bad) with acting as the GC..
I understand that your time is more valuable ...
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Hello everyone! My name is Josh Ricord and I am a recent Biomechanics and MBA graduate and retired student athlete as of 2023. I am currently in my first year of my W2 job (post graduation), and after a year of listen...
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If a Cost Segregation Study had not been performed on this $1,300,000 small office space located in Kentucky, it would have had first year depreciation of approximately $32,723. Thanks to the Cost Segregation Study,...
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Hi BP - I'm a 27yo investor based in Vancouver CA who is focused in BRRR in Oklahoma. I've done two deals so far and I'm trying to figure out how to maximize my cash and purchase as many rentals as I can. (Let's say I...
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I've been thinking this weekend about something I heard someone say about the cost of something over time.
It was something about purchasing a home with a mortgage, and having the total amount of money paid for that ...
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Good morning BP,I apologize if my question is somewhat fundamental, I'm new to the business and some of my questions will reflect my learning. Q: When using transactional funding to fund the A-B of a wholesale deal, i...
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Looking for a good CPA in the Dallas/Fort Worth area, or even just someone that knows Texas IRS rules and how to manage tax returns for Real Estate LLCs. Please let me know if you have any recommendations.