Mark Patel
Deprecation recapture on roofs and other improvements
I have a question on deprecation recapture and the tax consequence. When you depreciate a expense like a roof then sell the property. It seems that the roof expense become a capital gain since you have to add the de...
Allen Magtibay
Strategy for ending an LLC
Hi I'm a novice real estate investor and wanted to pose a question to the RE veterans here on the strategy I should take regarding my situation. I'm in a LLC with 3 of my siblings and we are looking at closing the LLC...
Chris Huntington
Stockton vs. Fresno vs. Bakersfield (or another city)
Hi folks, I need some market comparison advice for a rental property in Central Valley (California.) Here's my criteria:$75,000 - $120,000Cash only (don't want to finance)Growing area with a strong rental market Not a...
Mike Mutabazi
How do you scale from one property to multiple properties and have them cash flow ?
Hello BiggerPockers family , I'm a beginner investor, how do you scale from one property to multiple properties. My question is based on the following:lets say you put down 20% on 300K property which is 60k (plus clos...
Anton Ivanov
List of COVID-19 Resources & Relief Programs for Investors
There has obviously been a lot of discussion about this already, but I wanted to put together a single list of available relief programs and other resources landlords and investors can take advantage of right now.
I ...
Brandon Beaudoin
Analysis Paralysis - Upgrading from SFH to MF Commercial
Happy Sunday BP!I need some feedback from the community here, an intervention of sorts. I'm on the fence here regarding some options that I have so I'd like to lay my position on the table and get some feedback from ...
Paul Winchell
best entity for silent partner as property owner
My father and I are in the process of selling a house in Hawaii and using the proceeds to invest in one or more rental properties (likely in Michigan). The house is currently owned entirely by my father's trust, and ...
George P.
Primary residence -> Rental -- capital gain issues?
Hi forum!!
Just to make sure I understand the process...
If the property has been a primary residence for 5 years (purchased for 100, now worth 210), and then becomes a rental FRBO for another 5 years with say no chan...
Stuart Dean
Would you accept this seller financing offer?? Need advice
I purchased a property in Feb2017 for 360k. Put about 15k into it. Property cash flows about $500/month. A lot of development is going on around the property, so my agent suggested a month ago to put it on the market ...
Alex Sanfilippo
LLC?
Hello, I hadn't given much thought about the type of business to register when starting in REI until I read this post by @Brandon Turner: https://www.biggerpockets.com/renewsblog/2016/02/2...LLC just seemed like the r...