Stefan Hirniak
Active VS Passive and Cost Segregation
Hi BP!Happy Friday.I’ve got a 2 part question for the forum:1) Can I take bonus depreciation through a cost seg study if I’m not classified as an active investor? Doing a mid term rental in Texas with solar and was h...
Michael Zagorsky
Cost Basis and Losses for converting rental to personal residence
We had a tenant leave our rental property in May of this year. We received about $5,000 in gross rent. The tenant trashed the property and we had to spend about $8,000 on repairs. Including new paint ($4,400) an...
Leo Gonzalez
Paying Income Tax on Low Cost/High Cashflow properties
After successfully purchasing and renting out a duplex in Syracuse NY I've started considering the tax implications of the gross income I will be receiving. The analysis I did on the property accounted for expenses l...
Simon Cox
Advice / criticism invited on partnership structure!
Hey Everyone! My partner and I are setting out on a flipping/direct-mail campaign. I am out of the country which leaves my partner in the "boots on the ground" position. Just trying to figure out a fair value of that ...
Brent Martin
Software that does it all-
Is anyone aware of an online software that will help manage deals, package photos and property information to present to investors along with managing the project regarding work orders, costs etc..? I have a system th...
Jhansi B.
How to get equity of three investment properties in Starkville, MS
We own three college town properties managed by property management company free and clear. Would like to do a blanket loan for three Properties together due to the cost of each loan. Each property might appraise bet...
Alex Shipp
Managing a property out of town?
I'm thinking about taking a job out of state and renting my house out. I know it would be a lot easier to hand my property over to a property manager but was wondering since this is my only property if it's possible o...
Todd Kime
Condotels. Do they work?
Seen some condotels that seem to be fairly decent price.. however the HOA fees are outrageous like 750 dollars a month.?can you make money on these if they allow you to self manage ? or have any of you made these wo...
A Lak
invest in tourist area any disadvantages?
Hello,
I am planining to invest in a tourist area, this is my first deal. I have been talking with some realtors who take will rent my appartment to tourist by days.
The reason is that the realtor will take care of...
Ethan Lahav
Best property management company in Indianapolis?
Hey allLooking for a recommended, reliable and great service property management company in Indianapolis.Must have at least 300 properties managed.Thank youEthan