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Hello BP family, I have just recently finished my tests for becoming a licensed agent in the greater Phoenix metro area, and was wondering if anyone in the area had any suggestions as to where would be a good place to...
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Hey GuysI am new to this site so hopefully im putting this in the right place.I am a relatively new investor and a little stuck. My wife and I have an up down duplex that we rent out and cash flows a couple hundred a...
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Hello BP community. As a newbie in the fix and flip market, many lenders I have contacted are requiring interest up front and are capping at 80% acquisition. As such, I am looking for references for a reputable compan...
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I have had several interesting conversations with other investors on the importance or lack thereof finding a good lawyer when establishing an LLC. When are you considered "safely behind" a legal entity should a lawsu...
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Hello BiggerPockets!First post here, I recently purchased my first property In January (duplex). I’m currently living on one side and renting the other side out while also having roommates. I’m cash flowing 250$ a mon...
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IRS Released Notice 2020-23 which basically extended ...everything left that was due before 7/15...to 7/15. Additionally, It included some wording that referenced back to an IRS rev Proc 2018-58 which was released a f...
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I bought and furnished a new rental property in 2019. I did use bonus depreciation for the cost of furniture, but I lumped the property improvements (mainly new hvac, water heater, windows) in with the building and ...
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What type of entity would you recommend holding your properties in? LLC, partnership, other? I’ll be investing in single family homes and smaller multi family homes. This will be in Oklahoma. Thanks
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If you know more than they do, why are you using them? Is it because you like and trust them? Don't you think you deserve more? Would you be better off if you were confident they had the knowledge and expertise you de...
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We always think of cost segregation studies for multifamily, office and retail but now the cannabis Industry is taking advantage.
Who do you think gets the biggest benefit from cost segregation?https://www.bizjournal...