Wes Aldo
Solo 401k Lending to itself
With a Solo 401k having a Traditional component and a Roth component; can the Traditional account loan the Roth account funds for the purchase of real estate?Example: $100k in Traditional account & $20k in Roth a...
Dave Toelkes
How Depreciation is Recaptured
Investors have long known that depreciation on depreciable real estate is an economic fiction. Since property values usually increase over time, depreciation has often been called a "phantom" expense. Congress even r...
Lindsey Johnson
Creative STR finance solution?
Hey BP family,I have an interesting question for you all that I am hoping to get some clarity on.I am an agent and a new investor. I am moving across the country in a couple weeks due to some family issues. As we have...
Mariama R.
Determining Cap Exp for a 24 year old House in Kansas City, MO
What is the typical Cap Ex on a 24 year old duplex house, in Kansas City, MO which is between 1000 sq ft and 2000 sq ft, wherein one AC electric unit is new, the other one is 8 years old, where the heating systems in ...
Frank Chen
HVAC Depreciable Life
What is the depreciable life for a HVAC unit within a commercial building? Is it considered equipment depreciated for 7 years or qualified improvement property depreciated at 15 years? I'm not seeing a clear answer un...
Joshua T.
New Rental Investor from Philadelphia, PA
Hello - My name is Josh Truppo and I currently reside in Philadelphia, PA. I am the Director of Finance for a large national retailer but enjoy real estate / investing in my spare time. I got into real estate accide...
JoAnna Gallastegui
Our first property April 2022
Investment Info:
Single-family residence buy & hold investment in Alexander.
Purchase price: $102,000
Cash invested: $25,000
Our first property! SFH in Akron, OH
What made you interested...
Brandon Gamblin
Residential Repair Issues
Hello everybody. I have two questions:
#1 What are the most common repair issues that investors/contractors/rehabbers run into when rehabbing a residential property?
#2 And what are repair problems that nee...
Neil Cronkrite
What cash on cash would you accept for a low IRR?
I've been underwriting deals this week where cash on cash exceeds 12%, but the IRR on a 5 year old is around 10%. This would be an absolute triple net lease outpatient surgical center. For those who have invested (or ...
Account Closed
Multiple 'de minimis' safe harbor elections?
Good Morning All! Two questions actually.First, is the 'de minimis' limit for an individual landlord $500 or $2,500? I read Amanda Han and Matthew MacFarland's book and understand (or interpret it anyways) that the li...