Jon Gorman
Newcomer Commercial Real Estate Strategy Question
Hi All!I am brand new to BiggerPockets--someone just recently told me about the podcast and website, and this is my first post.I have two question:1. Any feedback on my investing strategy?2. When is it time to make my...
Elisabeth Ihler
Why is building an ADU in Denver so expensive?
I live in Denver in a SF home that is already zoned for 2 units (U-TU-C). Our detached 1.5 car garage needs very extensive repairs so it was an obvious choice to look into simply replacing it with a 2 car garage with...
Warren Marshall
Is it worth claiming depreciation in Canada?
Every Podcast tells me the answer is yes, however every time I talk to my accountant he says that depreciation isn't always worth claiming. He mentions that when you go to sell the property or if you pass away you...
Chris Wilson
Quick Strategy for Acquiring properties using HELOC
Objective is to obtain properties via a conventional mortgage. Fannie Mae and Freddie Mac allow you to have up to 10 mortgages under their guides. These offer the best terms, in regards to rate, fixed 30 year term, an...
Greg DeFeyter
AZ Networking: CPA & Lenders
Good Afternoon!I am looking to throw my REI business into the next level. Currently I have one cash flowing property that was my primary residence until last April 2021 when i began renting it out. I am looking to pur...
Preston Quinn
Tax avoidance strategies on flips
Hey guys, I have my first flIp under contract. If I keep my budget in check and I am rIght about the ARV. I stand to make a good profit. Is there anything I can do to now, while waiting to close to prepare for legally...
Account Closed
IRS Change - Form 3115 (Application for Change in Accounting Method)
I just received an email from my accountant that basically stated the IRS has made some sort of change that will require investors to file a Form 3115 or they may be subject to a higher taxable income due to less dedu...
Brian Falcon
Sustainability and Green Strategies
Hi all,Is anyone incorporating sustainable or regenerative strategies in your business practices or into your projects? If so I'd love to keep a dialog going with like-minded folks. I'm an architect with a long stan...
Stephanie Clark
Newbie question. Bought in Daybreak...150k equity...now what?
Hello! I am just starting the process of learning everything I can about investing so please excuse my inexperience. I would love some advise on what to do next. My husband and I just bought our primary residence in ...
Vinny Incognoli
HELOC Primary Home for Down Payment?
Is it wise to take a HELOC on my primary home to for the downpayment for a short term rental property? I would have the HELOC as well as mortgage to pay. What are the pros and cons to this approach?The HELOC would be ...