Lynn McGeein
Flood Insurance Reform Act -- will it affect you?
I'm trying to find out if the one property I have that is required to have flood insurance will see huge rate increases soon or not. Not exactly sure how to find out, but it looks like they are re-assessing the ma...
Robert Murphy
Flood Insurance Reform 2018 - Will the NFIP Lapse?
People with Bigger pockets that have active deals going and are buying in a flood zone that requires the purchase of flood insurance.In the unlikely event that the NFIP does lapse, you should be aware how it will affe...
Jeff Filali
Ten years after Bear Stearns, Congress reconsiders Dodd-Frank
Article courtesy of Bankrate.com Ten years after Bear Stearns, Congress reconsiders Dodd-Frankhttps://www.bankrate.com/banking/bank-reform-rollback-dodd-frank-ten-years-after-bear-stearns/What's everyone elses thought...
Gary F.
CPA or Tax Experts: 2018 House Hack/Rental Property Deductions?
It seems because the new 2018 Tax Reform laws are so new I can't seem to find real answers. I searched here and nothing for 2018 tax year came up. Maybe a CPA can chime in. Scenario:Im renting out rooms in my primary...
Jeshua Patrick
Trump’s Tax bill proving Fair Tax concepts
With all the positive news coming out from around the country regarding how companies are responding to the freshly passed tax legislation I can’t help but think about how it is proving the claims made by the Fair Tax...
Chris Nowlin
Buying a note...without a note
I was contacted by a seller because of one of my mailers. He has power of attorney for his mother and is needing to sell her house. To make a long story short (can expand if necessary), the property is legally owned b...
Robert Murphy
Flood Insurance is Changing Things you should know.
NFIP 2.0 - What’s Changing with National Flood Insurance and Why You Should Care.
It’s been a long time coming, but reform to the National Flood Insurance Program (NFIP) is on the way.
Risk Rating 2.0 (that’s how w...
Stephen Gregory
Bonus Depreciation for a 1031 replacement property
Hey guys,Can you apply bonus depreciation for a replacement property placed in service April 2019?So quick background, the relinquished property was bought in 2016. We held onto it for a few years a did a like kind ex...
JR C.
Does net rental income factor in depreciation?
I was looking over the health exchange website and one of the income questions was Net Rental Income amount. Does net rental income factor in depreciation? Or is depreciation a different type of expense because you...
Stan Hrincevich
Colorado Construction Defects, SB 15-177: "protect the home owner" opposition in question
Let's be honest by acknowledging that any proposal on Construction Defects legal reform will not be ideal for either home owner or developer. The high costs of unrestrained litigation, all fully funded on the backs o...