Mike Andrews
Housing: The one bailout America could really use
Has anyone else read this?
Housing: The one bailout America could really use
Definitely interesting. From the article:
"On top of the 2.5 million homes that have already fallen to foreclosure since the bubble burs...
Mike Miller
SYNDICATIONS FOR 1031 EXCHANGES/ CAPITAL GAINS
1. Can anyone recommend a solid syndication that accepts 1031 exchanges, preferably Multi Family?
2. If I have a property in a 1031 exchange and I am looking to sell it, I will be on the hook for capital gains and de...
Shannon Kiefhaber
Moving real estate from S-corp to LLC
My family has a large portfolio of properties owned in an S-Corp (LLCs didn't exist when they started investing!) and we are now wanting to start transitioning ownership of the portfolio to the next generation. Our CP...
Shirley Pu
Should I hold or sell? Seeking advice
Hello investors, I'm a first-time landlord who lives out of state and seeking advice.During pandemic, I purchased a rental property near Austin for around $380k with 25% down and a low interest 30yr mortgage. Ideally,...
Mariah Volk
A few questions!
New to this, so please be nice :)1. If we meet all of the requirements and choose to take bonus depreciation on an STR in 2024 (to take advantage of the 2024 40%), would recapture occur if we decided to change use in ...
Kelly Arthur
Cost Segregation Study
Hello BiggerPockets Family,I own a 3 unit multifamily house and I'm considering having a cost segregation study to accelerate the depreciation on the property. I know that this makes sense as a tax strategy for comme...
Mariah Jeffery
Becoming RE Professional for Tax Purposes
All,My husband and I own 28 rent units in another state. I co-manager these with my father-in-law. He is local and does showings and maintenance, and sends apps to me for processing. I do the advertising, and have to ...
David Hedges
Preparing for possible tax changes.
I had been reading an article on marketwatch (https://www.marketwatch.com/st...), the part that stood out to me were the possible changes related to real estate that may be put into place. - eliminate the $25,000 exem...
Dylan Speer
Fire In Upstairs Unit, Tenant Moving Out
Hello BP,I own a condo on the bottom floor of a two-story building. I have a tenant who has lived in the property since September of this year and has a lease set to expire in March of this year. Unfortunately, there ...
Account Closed
Tenant giving less than 30 days notice
Tenant wants security deposit back,but only giving 1 week notice,any thoughts?