Sean Gallagher
Cost seg / accelerated depreciation to offset W2 - thoughts
Please chime in if you have done this.. Short term rental with cost seg study/ accelerated depreciation to offset W2 income. Say you're doing this on a 4 unit that appraised for about a million. And you do a cost s...
Ismael Ayala Jr.
Land trust or LLC or both? Bank accelerations?
I've heard about LLCs for a little while(Wyoming being the most popular) and the tax and liability benefits that come with it. So I have 2 questions.1) Can a bank initiate an acceleration clause because they find out ...
Michael N.
2 Full Time Jobs to Accelerate Real Estate Goals
Does anyone else do this strategy to meet your goals faster? I’ll be 3 years in next month.If so, please share tips for staying motivated, being efficient, avoiding burnout, etc. I started with 25k student loans (paid...
Nick Moore
Cash-Out Refi and other tools for accelerated acquisitions.
Guys - I HAVE to stop letting people borrow my books. Currently can't find my BRRR book and am just too zapped to make sense of what the internet is telling me in regard to Cash-Out Refinance.Long story a little less ...
David Killough
Accelerate payments or save for the next down payment?
So, I have a few rentals, and some of them are paid off, some still have a note. I have a certain amount of money in the personal budget that is being set aside for our real estate ventures. Here's the question: would...
Scott Passman
Now is NOT the Time to Accelerate Debt Repayment
There are few times in our history where there’s been more uncertainty about what things will look like in the short-medium term future. There have been a lot of posts on BP espousing opinions and predictions about w...
Chris Turek
1031 vs accelerated deprecation for qualified real estate prof.
I will try to summarize my situation. I sold a property last week and hired the necessary firm to put it into a 1031 exchange. I have a cap gain of about 400k. I have identified a property to purchased that would c...
Aubrey Hall IV
Write Offs, Accelerated Depreciation & Advantages to the LLC
Hello to all,
This is my first post on Biggerpockets but I have browsed ever since I purchased my first townhome last October. The townhome I purchased has a decent CF and is in an LLC I started. My grandfather who...
Prithvi Sri
Is there way for accelerated depreciation on commercial property?
I recently bought a property at a higher price because of the very high rent it was getting (based on an existing lease). In four years the current lease will come to an end and the rent will go down most likely by 50...
Tariq Hakeem
U.S. Added 916,000 Jobs in March as Hiring Accelerated
Hiring accelerated last month to the best pace since August, signaling a stronger rebound is under way that could deliver jobs to the industries, regions and workers hardest hit during the coronavirus pandemic. U.S. e...