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IF a property has been purchased a couple of years ago, and a regular depreciation was taken for 1 yeaer, ( ie. 27.5 year depreciation), in year 2, can you do a cost segragation, and take the bonus depreciation in the...
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Hello. My Dad wants to sell me one of his rental properties. It seems like a great deal in the long term, but will be very difficult/expensive to make it cash flow for the first couple of years. I recently lost my...
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I am just looking for clarity on this matter. If I have a bunch of depreciation in my holding company, can that be used to off set capital gains tax on my flips?
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Hi fellow BP mates,I have a few single family homes that I use local property management companies to manage for me since they are not local to me. I have kissed a lot of frogs to find the right property manager with...
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Hi Everyone I have a full time job as a business analyst but I want to build wealth in real estate. I’m ready to take a leap of faith. You all in BP are awesome and this forum is phenomenal. I’ve learned so much wi...
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What generally are the basics of what a title company does in a wholesale transaction? lets assume a deal between a private homeowner and a wholesaler. no double close, use of land trust, etc.
1. what paperwork does ...
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I have a beach house that we are hoping to put on the STR market in Port Bolivar. Besides the the AirCare coverage that Air BNB Offers, are you guys adding any STR riders to regular insurance/flood/wind? If so, what k...
Live calls, Dave Ramsey style!
In this episode we open up the phone (er, Zoom) lines to take audience questions on everything from "should I flip or hold this deal" to "Coronavirus cost me my job... how can I inves...
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Hi everyone, It's truly amazing to be in a community that is so brilliant and helpful. I have just joined BiggerPockets today and i could really use your help. i have read multiple books about property investing but i...
How's it going everyone . I am a first time buyer wanting to ask a common question . I live out here in Bakersfield ca . And I'm really eager on finding an investor that might help me out with a great deal I'm not ask...