Hi All,Looking to buy a STR at the Jersey Shore this year, meet the material participation requirement/100 hrs, and take bonus depreciation on the unit for 2024. I have a few questions regarding this strategy:1. What ...

Hi Everyone,We have been planning to move the ownership of our rental property into our LLC for tax reasons and to protect our personal assets. However, our lawyer has informed us that it could be problematic because ...

Hi, I'm looking for an answer to this or links to resources since I've had a challenging time finding any. I hear that depreciation lasts for about 27 years and the amount deducted from tax can make the net income, fr...

I was told that usually Private Money is not available for land acquisition for subsequent development. One exception is that some private money lenders will cross collateralize several properties. Then that money c...

Hey everyone, I'm looking to move on a piece of land located in a pretty remote location at the entrance of a large industrial park. The reasoning behind it is the industrial park has shown substantial growth in the p...

So to be frank, what I really need is a good hard kick in the ass.  I have been stuck in what's called "analysis paralysis", with this group, for quite some time and I just can't seem to get out of my own way.  I am a...

Just trying to figure out if it would be cheaper to build a new place with a in-law apt in the basement vs buying something already built. Can anyone advise based on their experience which will be cheaper in the long ...

I'm working on purchasing a piece of land (with an old house) that I would use for some new construction. When looking at a land map of the property (and also looking at an old survey the owner had), it appears th...

I am looking at both mobile homes and single family homes as options for cash flowing rentals. In my area a 3 bed 2 bath mobile would go for an all in price around 50k but the same size single family would run about 8...

I'm in a bit of a quandary at the moment. I purchased a property in pretty bad shape for about $1 million last year and spent about $500,000 on what ended up being a MAJOR rehab project. The city assessed the value ...