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I've been holding a few properties for a number of years now, and have been able to scrape by with my bookkeeping well enough to file my taxes. But now that I want to start growing my portfolio again, I know I need to...
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Hello,I am trying to wrap my head around the concept of depreciation. Let's say I upgrade my HVAC to replace old if install new condensation units worth $10000 just for the sake of numbers, how does it impact my depre...
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I've listed for sale my current four-family property with the hopes of doing a 1031 exchange for a MUCH larger property. I would like to attain the largest size property I possibly can 50-75 units or $2-3 million...
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Hello my fellow investors,I'd like to ask your opinion regarding bank accounts. At which stage do you guys think I should open a business bank account? My plan is to flip houses and wholesale deals. I am in the earlie...
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Hello
As you would have guessed by the subject, I am not a US citizen. I would like to invest in the RE sector of the US economy but all the research that I have read on the internet points to foreigners payi...
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Wife and I are coming off of a long-term sailing trip after having a kid. This is an open-book situation where we really are free to decide where we want to be. The wife works remotely and I have been working on boa...
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Hello All! My name is Bryan. I am a CPA in Missouri and currently work for a large corporation in the St. Louis area as an internal auditor. My wife and I just joined Bigger Pockets and are wanting to get started in m...
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The rules of investment of changed. The US dollar is at risk and the element of cash reserves essentially losing value should be beginning to factor into long term investment strategies. News and political affiliation...
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Newbie here. Has anyone looked at some of the new SFH in the communities around Reno, Nevada? the prices are around the mid 300k. What do you guys think of them as a buy and hold investment?
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Hello does anyone from Chicago have any knowledge dealing with Chicago building code violations? I'm looking into purchasing a multifamily that had a brick addition done in the back over 20 years ago. There was no per...