My husband and I are looking into becoming an LP in a multi family deal in Austin as a way to use accelerated depreciation to help out on our taxes. My husband is a 1099 and I am a W2. This will be our first year with...
Trying to figure out if I should accelerate my current primary residence mortgage payments to pay home off in about 7 years or if I should start investing in rental properties. I think I would get pretty antsy if I ha...
One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
I truly believe in an area in Chicago's south side, Back of the Yards. The area is having a slew of nice bars, coffee shops, and restaurants that are opening in the area. I currently own 9 units in this area. I am try...
Last year I shifted from one industry to another. I've been in the beauty industry since I was 16. I have written about beauty, own a salon, created a hair careline. In other words... been there done that. The salon b...
I've been deeply immersed in researching real estate investments since I recently had a business sale that resulted in substantial capital gains. As I explore my options, I'm particularly interested in funds like Tril...
Hi,Can accelerated depreciation be used in a syndicate to lower the tax burden?Thanks,Sonny
Hi,
I just watched The Kwak Brother's video on the HELOC debt acceleration strategy which they claim it can pay off your mortgage in 5-7 years. Does anyone know if it actually works?
I am planning on doing around 5%...
Hello BP nation-These folks have been emailing information touting turnkey real estate all over the south and Midwest with a 200 to 400% ROI. I can't actually find anyone that has worked with them. They are based in L...
Hi BP! Fairly new to BP and first post.I have a investor client who purchased a deed at sheriff sale, owner has moved out and now investor wants to accelerate redemption period to clear title so we can sell property....