Zachary Gray
Cost Segregation on Commercial Build Out
Question for the masses:
If I did a commercial build out for my business on a building that I do not own would you need a cost segregation to utilize accelerated depreciation of paid in capital or would you be able ...
Joe P.
Can I use the installment method of accounting?
I flip vacant land properties and by all means I am classified as a "real estate dealer". I notice in IRS Publication 537 that real estate dealers are forbidden from using the installment method and must realize all ...
Collin Corrington
Disputed Ownership - Renters?
Here's today's question. =) This is in Texas for any specific legal stuff.
Found a house with an out of state owner (IL). He bought the house and let family members move in while he lived in Texas. He was relocate...
Gregory Gentert
Daily Routines
So, I am currently a part-time real estate agent while I finish college (one year to go). My license went active on Jan. 01, 2016. So far I have gained my first listing and am working with a few buyer clients. However...
Rebecca Dominguez
I am interested in learning wholesale
Hello my fellow BP friends I would like to know where do I start to learned wholesale ? And all that I need to learned, I love this site so much information Thank You Rebecca
Sam Schlosser
Investing in a friends deal
Hello,A close friend of mine has acquired a property and construction financing to renovate. He has asked me to come on as a 50% partner. I am struggling to think of how to do this at this point. His name is on the co...
Steve Honey
Looking for creative ideas for a real estate proposition
Parties: Me: No home or family. I do fine and have above average savings for my age. Father: Owns home. Retired. In fine financial shape. Brother: See below.Background: I have a lovely older brother who is curre...
Robert Steele
De Minimis Safe Harbor Election (expense rather than depreciate?)
Does anyone know what to make of these new IRS rules that came into effect for 2014? (but I believe are back dated to 2011)It sounds to me like we can start deducting a large number of those repairs we used to have to...
Sandra Ibrahim
What is an opportunity Zone
I've been looking at multi family an I see something that says opportunity Zone. What exactly is an opportunity zone?
Justin Westmoreland
How to calculate value add on a multi family property
I am new to BP and my goal is to buy value add properties with at least 16 units or more. How do you calculate the cost per unit, what are some things that you look to improve in a value add property and how do you kn...