I've posted this question on the Tax forum and it seems to be a gray area. We've managed to scale the business pretty quickly this year to 5 STRs. Cabins in the Smoky Mountains. Pigeon Forge and Gatlinburg. I'm likely...
So I was recently on the hunt for a new CPA, one that focused on Real Estate strategies. One interesting strategy he mentioned that really stuck out to me was "forcing depreciation". He didn't elaborate too much on th...
Hello All,Here's my situation:1st unit - no mortgage2nd unit - has a mortgage3rd unit - looking to buy and use as a primary resident for a few yearsQuestions:1) can I 1031 x/c the 1st unit to pay off the mortgage of t...
Can anyone make a suggestion on Turnkey companies in the Phoenix, East Valley, AZ area?Or just point me in the right direction to find them?Thanks for the thought.-Brandon
Hello! First time poster but been devouring bigger pockets content for the last year. A while back, I bought my first property - a single family home from a FSBO outside my hometown in Northern MI (a fairly happening ...
Hello BP community-- new investor from NOVA looking to expand my market education, and Charlottesville seems to have decent metrics (1.9% job growth, lots of good retailers/restaurants, increasing population, UVA, etc...
So I'm working on my business plan for a mobile home park. Looking for sources that provide statistics and industry trends. I found a couple but not sure about how reliable the data actually is.
http://www.ibisworld...
I just realized that listsource doesn’t include the state of SC (what a bummer!!). Any recommendations from you guys on lead generation methods to send out mailers? I’m only interested in multifamily in certain zip co...
Standard practice seems to be a fixed deposit amount per unit, regardless of the number of tenants. While there are other factors and exceptions, more people generally can cause more damage than fewer people. I always...
I've been listening to the Bigger Pockets Podcasts every morning while on the treadmill on the topics that interest me most- wholesaling, flipping and buy & hold and I've been doing so in chronological order. Cu...