Amy Gardner
Income too high for real estate deductions?
Hello,My CPA recently told me that the $50k we spend last year can not lower our tax burden because I have too high an income? Something seems to be missing here...I have never heard of this on any of the podcasts (I ...
Carlos Cevallos
Tenant or owner pays Utilities
I'm new to real estate and am in the education phase. While reading @Brandon Turner 's Book on Rental Property Investing in chapter 10 under utilities it states that you should look for properties where utilities can...
Jaden Rodriguez
Investing in NC
Hey BP community! I'm Jaden, and I’m an investor focusing on small multifamily properties in South Central/Southeast NC. I’m always looking to connect with like minded investors, especially those targeting the Fayette...
N.A N.A
Retail Plaza Condo Conversion
Hey guys. This is my first post.
I was wondering if it is possible to convert a retail plaza owned by one owner to several retail condos owned by several owners.
To do this I was thinking of buying a plaza and befor...
Ray Slack
Question New GOP Tax Bill on 20% income deduction 4 passthrough
Quick question.. below is the new proposed GOP 20% deduction for pass through businesses. Is this like a standard deduction? or a cap? So, I have a S-Corp that is a pass through so if I make $100k income and $50k ...
Joshua Morton
Various ways to use raw land
Hello, I own 110 acres of raw land free and clear that percs. My county just passed an ordinance saying you cannot sell land zoned for farming to a builder with anything under 3 acres. I have a friend who is a G...
Larmon Cummings Jr
Looking For Wholesalers and Bird Dogs-South Side Chicago
Hello BP Community,I am in the process of scaling my business and am looking for wholesalers and bird dogs to work with. I would prefer experienced wholesalers, but newbies are welcome as well. I am also looking to wo...
Bradley Gasparovich
Hello everyone! Can’t wait to start my journey!
Hi everyone, I wanted to introduce myself and say hello! I am currently 24 years old and am looking to purchase my first duplex/triplex/fourplex in the near future. Currently I am in the discovery/learning phase of my...
Julio Gonzalez
Cost Segregation on Residential Property
A question I get asked frequently is if it’s beneficial to do a cost segregation study on a single family home. As long as the property is an investment property, not a personal residence, the answer is yes! Determi...
Julio Gonzalez
Cost Segregation Example on Restaurant
If a Cost Segregation Study had not been performed on this restaurant located in Boiling Springs, South Carolina that was purchased in 2020 for $970,000, it would have had first year depreciation of approximately $2...