If a Cost Segregation Study had not been performed on this $1,100,000 Retail Business Property located in Montrose, Colorado that was purchased in 2021, it would have had first year depreciation of approximately $28...

Hello fellow BPer's! I'm looking for suggestions on a great CPA that specializes in real estate. I recently bought my first rental but plan to own a lot more over the years. I am currently investing in the Louisville,...

Just about to buy my second rental property - however as a result in finding this one I drove to see quite a few properties the past few months. As it obviously was work related mileage, can I deduct that mileage on m...

Hello fam
Seeking a list of fair valued and reputable companies which can establish trust and llc formations in the state of WY. If anyone can recommend a few companies would be greatly appreciated. I was going to mo...

Hello!

I was speaking with my real estate broker yesterday and he mentioned that he is seeing a high demand for two week up to two month rentals in my area. The demand is coming from some of the bigger companies in t...

Hey all, this post is for anyone with some open weekdays who is also looking for better/updated photography for their short term rental (also some bonus tips on partner cross-marketing).Partner with influencers (find ...

I’m reaching out for some guidance on securing funding for my next real estate venture I don't have any capital to start with. I'm aiming to obtain around $100,000 to $150,000 to get my foot in the door.I come with a...

 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 ...

Hi BP Fam!
Looking into investing in a multi-unit in Oak Forest, Chicago, IL. I live in CA so trying to learn more about the area. From my quick drive around, it seems like a safe, quiet suburb. I will welcome any in...

Hey guys! I have 2 questions:

1. Are you aware if I can deduct the following expenses:
-4 educational books (legal tax guide, how to successfully manage your properties, etc)
-office supplies: files, folders, paper c...