Jack McWatters
Mobilr park madness!!!
Guys I wanted to start off by saying I might have possibly stumbled across the most amazing slept on investing strategy in real estate. Well maybe not slept on... who knows. I actually have been eyeballing a park that...
Dan Becker
Legal/Tax Suggestions for Seller wanting to preserve step-up tax shield benefit
Hi All,I am looking for deal structure suggestions on a unique situation that involves a home held in trust.I have a seller who owns and rents out an SFR that has an FMV of $~2M. He and his wife hold it in a revocabl...
Richard Snyder
Active versus Passive Realestate losses
I bought 5 single family rental homes this year so I have a lot of negative cash flow to report on taxes. I'd like to declare myself a "real estate professional" as I'm on sabbatical from my W2 job this year and coul...
Account Closed
Atlanta real estate market for green houses
Hi all,
I've been hearing that many renters are not willing to pay more for properties with sustainable appliances and materials, but mainly consider the cost saving benefits in terms of utility use. So my ...
Arty Fresh
Cashing out early on life insurance ?
I am not sure if I read it here on BP or somewhere else but I remember reading somewhere that people would get life Insurance and wait 1-2 years and then cash out $250-500k in one shot.Anyone heard anything about this
Cody Johnson-Winsett
Tax Benefits of Real Estate
Hey there BP Nation! So I've been doing my research, taking in as much as I can and I hear of the many tax right offs and benefits to real estate investing, but there isn't much detail. Now understand I just turned tw...
Spencer Krautkramer
Mortgage Protection Insurance
I’ve gotten a couple letters in the mail after just recently purchasing my first property - they are about Mortgage Protection Life Insurance or Mortgage Payment Protection Programs. Is this spam or legit...
Julio Gonzalez
Example of Cost Segregation Study on Single Family Home in Miami
Without a Cost Segregation Study, this $595,685 Single Home in Miami, Florida purchased in 2020 would have generated first-year depreciation of approximately $22,000. By applying a Cost Segregation Study, the prop...
Matt Mahony
Do solar panels raise the value of a property in MA?
I am considering installing solar panels on my primary residence in Massachusetts, but I don't know how this affects the resell value of the home. I will probably go with buying the solar panels outright, so I don't ...
Ali Javid
How did you manage taxes when you started out?
I try to be frugal and dedicated.I read books on the tax benefits of real estate. I then filed my first year with TurboTax and was all of a sudden surprised. A lot of tax deductions didn't apply to me due to my income...