Tyler Bilinovic
How important is getting an account for tax purposes when entering long term rentals
I have just acquired my first two long term rental properties this year and am looking to take advantage of the tax benefits. How important is it to get with CPA to assist with tax benefits. I have spoke with my paren...
Jessica Beard
LLC for out of state rental properties?
Hi All,I have been pre-approved for my first investment property. I have set up a weekend with a real estate agent in Cleveland to look at some small multifamily properties (2-4 units) and hopefully I will find someth...
Jeff Cotton
Troublesome Tenant Fees
I have a house that every month the person is late. I charge late fees and so far he has paid them. But he is still late VERY LATE every month. I am continually running into trouble because I have to hound this guy...
Nicole Cotrino
Questions re cost segregation study for STR
My spouse and I purchased a cabin in November 2023 as a STR and started renting it out in March of this year. I’ve been hearing a lot about cost segregation studies and have a few questions…- What are some of the key ...
Justin Cummings
BRRRR exit strategy or next steps?
Does anybody have an exit strategy for BRRRR setups?In the 2010s we did the BRRRR thing not even knowing that the acronym existed and now we're are in a good, but complicated situation.- The commercial mortgages (all ...
Tar-U-Way Bright
How could I use my LLC
Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
Russell John Walsh
Men Showing property to Women.
I don't know if other people are as paranoid about this as I am. It's hard to imagine nobody worries about it.I usually try to have my wife with me but that is not always possible. Today, I am Face Timing with my son...
Costin I.
Cost Segregation - Partial Disposition and offsetting insurance proceeds
We had a roof damaged in a hail storm and got it replaced and paid (minus deductible) via an insurance claim. This is on a property that had a CSS done on it some 6 years ago when we got it (and placed a new roof at t...
Johnathan P.
First Post Introduction From Oxnard, CA
Greetings to the Bigger Pockets community. My name is Johnathan and I’ve actually had an account with Bigger Pockets for a while but I haven’t been active on the site until now. Over the past few years, I’ve been trav...
Jacob Hrip
Best financing options for a first time investor?
While it appears many rookie investors tend to struggle to hit the ground running due to lack of capital / financing, I have the opposite problem. I've never purchased an investment property but want to begin my inves...