Taz McDole
what can i do
Members looking for some help. I own my house free and clear want to use it to buy rentals and flips. I cant get banks to lend on it. A little background i lost my job in 2009 and have 3 derogatory marks on credit bec...
Larry King
Accelerated depreciation on primary residence turned STR?
We are planning to turn our primary residence into an STR at the end of this year and are looking to take advantage of accelerated depreciation if we can meet the REPS requirements. To my knowledge I believe this is p...
Chris Herring
Tax Strategies When MAGI Exceeds $150,000
Hello, I'm a long time lurker but I believe this is my first post. While I have upcoming meetings with a real estate CPA, attorney, and a financial planner I want to reach out and see if anyone has some insight.My bu...
Ruika Lin
Finding confidence to go from 1 low-ROI rental property to the next step in REI
New member here and in the FI community in general. Would love to hear some advice from fellow investors in the community to take REI to the next steps.Currently, I've been holding a rental property (2b1b tiny garden ...
Michael Plaks
End-of-Year tax planning: Roth conversion 101
I just finished EOY tax planning sessions with my clients, and Roth conversion was one of the topics. It reminded me how confused most investors are about Roth and prompted me to write this long post. Since Roth-relat...
Daniel Kevin Lara
DIY REHAB ARV vs PROFESSIONAL REHAB ARV
Now i dont know if the title even makes sense but let me break it down some.
so is there a difference in the ARV when refinancing when you DIY your rehab vs when you hire out contractors who specialize in this field?...
Brian Gibbons
MHI SAFE Act comment letter filed with HUD March 1st
I thought I'd pass this along to the members of BP...
MHI filed the following comment letter today regarding HUD’s proposed rule on the SAFE Act.
The deadline for comments is this Friday, March 5th. Please fell fr...
Arda Bircan
Short Term Rental Tax Loophole for Physicians
Investing in short-term rental (STR) properties and using the STR Tax Loophole is one of the few tax strategies that can save physicians with a fairly high W2 income 6 figures in taxes without working full-time in rea...
Cheryl Moore
illegal Activities in my neighborhood !!! What can be done?
Hello BP community! I am a new RE investor. There is a multiplex apartment building in my neighborhood where drug dealing and prostitution is occurring. My neighbors and I have called the police etc. The owners of the...
Mark Davis
Hiring uninsured contractors
What are the risks of hiring a contractor who is not insured?