Cost segregation has been a major player in tax strategies for real estate owners by reclassifying assets that have a shorter useful life and can be depreciated over 5, 7, and 15 years from the nonresidential or resid...
The City of Cleveland has created a new department that will implement an inspection plan starting in the summer of 2017. They will be on the look-out for Lead based paint, smoke detectors, safe plumbing and other it...
Bought my first SF rental in 2017. Was excited to begin doing my taxes and deduct all my expenses I spent in re-hab, travel, etc. Turbo tax is indicating that if you make over $150k then rental deductions are not allo...
I would like to roll over funds from a 401K with a previous employer to a solo 401K with the intent to take a personal loan of 50% of the funds. I would take the $20K and add it with personal cash from my husband to...
Hello Bigger Pockets Community,I'm not overly confident on whether this forum category is the appropriate one for this topic, however it seemed most fitting to me based on the descriptions i saw. I'm a relatively sma...
Looking for advice on WHOLESALING in landing my first deal.
I've searched the Georgia Landlord Tenant Handbook and have even hired "professionals" -- Evict Them For Me -- to handle my eviction case for a self-managed property in Fulton County. But I'm yet to find the answer to...
Any recommendations for a good area of town with duplex options? My wife and I just purchased our first rental property (a north central townhouse) and are looking to keep the momentum up. We are thinking about going ...
What should I look for when purchasing my first property? Any advice or tips?
I am currently working with a GC who is very knowledgeable about what he is doing and the geographic area where I usually invest in. Couple days ago, he proposed that he will pay all the rehab costs up front for me on...