Chris Leier
Investing in Baltimore County - Market Overview
Hey All,
We are looking at some potential buy and hold properties in the Baltimore County area, specifically Parkville/Overlea/Rossville/Rosedale and are looking for some input on the market there. Our goal is to bu...
Shannon Tidwell-Porth
Next Best Thing To App. Folio? Any Recommendations? Please?
Hi Friends,I am looking to invest in property management software and app folio is the perfect fit but is only accessible to companies with 50+ properties. I am a smaller company so I am looking something that allows...
Joshua Sun
Where do you all store your money / handle non real estate investments?
Before I got into real estate investing, I would put my a big chunk of my saved money into into an S&P 500 index fund and work 401K. I now find myself putting less and less into index funds, stocks, and 401K, and ...
Zechariah Troth
Southern Tier Investing
I'm trying to buy my first SFR and would like some insight on purchasing. I have many questions and I've narrowed my desired locations down to Hornell, Corning, Bath, Horseheads, Elmira and or Binghamton. If any one l...
Nate Pucel
How do you determine depreciation basis on a renovated rental?
Bought a house that sat vacant for a while and renovated it over the course of a couple years. Never lived in it, and much of the renovation I did myself. The area has a couple houses that were renovated and sold, ...
Chad Haes
Any suggestions for finding good property management/realtor?
Hi all. My name is Chad and I live in the Los Angeles area. My wife and I are looking to purchase an apartment complex outside of California. We haven't settled on a spot yet, but we're considering Texas, Utah, Colora...
Philip Hy
Are accountants are worth it? Change my mind.
While I greatly respect accountants, I want someone to explain why they're worth the fee for 90% of buy and hold investors. This year my refund was $3,800. My total tax prep fee was approx $4,200 (not unusual if you a...
Tony H.
Need help with depreciation
Hi BP,I cant seem to find an answer to my situation here, unless I missed it. Here is the problem. When I acquire the my duplex back in 2017, the tax assessment for the land was about 50k.I subtracted that from my pur...
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...
Rich Hupper
Lets hear from the self employed
On this forum ive noticed a good chunk of people have w2 income who are investing for the first time or becoming seasoned investors almost ready to give up their w2 job.It seems like it is easier to get started in the...