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Results (10000)
Bryan Hancock Depreciating Land - Legally?
12 December 2013 | 11 replies

I ran across this article this evening when I was researching some other tax matters:

Who says you can't depreciate land?

The basic procedure seems to be:

1. Split the improvements from the l...

Jeff Thompson 50/50 rental - late filing. partnership? Schedule E?
20 December 2011 | 7 replies

Hi everyone, new here, looks like a great resource to the avoid the mistakes I'm dealing with now...

In late 2008 My father and I purchased a property 50/50 down payment initially(we're both on the title), since then...

Christina Williams Beginner investor working as a silent partner
2 July 2020 | 7 replies

Hi BP!I'm new to REI and I'm working with a seasoned investor on a SFR flip so I can learn more. I am putting up about $50k into the flip as a silent partner and he said he's putting up about $30k into the flip. The o...

Kasey Ryan First Time Homebuyer Interested In Riverside, Illinois area. Many questions and a math check.
19 August 2014 | 0 replies

Hello there Bigger Pockets community!Kasey Ryan here, I introduced myself a bit ago on the new member introductions forum. I've been doing more research, and have come to a point where I'd like some more exact numbers...

Tyler Wagner Avoiding Capital Gains Tax
18 January 2024 | 9 replies

Hello!I am a first time house hacker. I will be closing on my duplex soon with a fha loan. I will be renting out my current primary residence and moving into one of the units of the duplex while renting the other side...

Henry Murray How to estimate property taxes in LA county??
3 August 2021 | 23 replies

Hi BP! So I’ve tried several avenues already and I’m actually shocked I haven’t been able to find this info anywhere yet, so I’m turning to the trusty BP community.  (Disclaimer: I’m not asking for tax advice, just fo...

Aamir Shah Managing personal and business properties checking accounts
6 March 2020 | 2 replies

I have a few homes that are held through an LLC and a few homes that I personally hold title to. Would there be issues with paying mortgages that I hold title to from my business checking account? Or should I segregat...

Eugene White What are the pros and cons to opening a business account?
9 April 2019 | 2 replies

Hi BP,I just bought my first duplex and wanted to get some advice on whether I should open a business account as a sole proprietor or LLC and what bank accounts I should be considering. Are there any particular banks ...

Account Closed How to sell with low tax bill - 1031 or 121?
8 February 2021 | 11 replies

My parents bought their primary residence 30 years ago for 250k. It has appreciated to 1M. For the past 5 years, they've renting it out and have been living somewhere else.

They want to sell it in a way that has th...

George Leeman Real estate success in the Tampa area.
24 November 2017 | 0 replies

hi I am pretty new to investing with just over a few years of experience. I currently own 9.5 rental properties worth a total of about 800 to 850 thousand that rent for about 8000 gross and if all goes well with no re...