Daniel Murphy
Cost seg & STR loophole from a financial planners perspective
Hey all, I did a cost seg study on my short term rental for the 2022 tax year. I'm a financial planner by profession & really wanted to understand the nuances behind this topic more. I love comparing the hype vs r...
David D'Ambrosio
Has anyone used PARC property group in Indianapolis?
I live in NJ and looking to start out of state REI and trying to research turnkey providers in Indianapolis. A business associate was referred to PARC through J Hartmans group and I was wondering if anyone had experi...
Michael Ndjondo makadi
Can a rental be run as an LLC without transferring ownership?
Several questions to CPA, lawyers or just those who might have better knowledge. For perspective, the property is located in San Diego, CA where I live also. 1. I was told and read that the property MUST be owned by t...
Mark Hu
How do they screen illegal immigrant tenants?
I have been looking at properties in a largely hispanic apartment area. I'm curious how would the landlords here screen their tenants? Since most of the tenants here are illegal immigrants they probably have no credit...
Adam Walker
Allowing Someone to use my rental property as a short term / Medium Term Rental
I have a 2/1 800 sq ft, house in Durham, NC. I have been unable to rent it for about 5 months now and I am not seeing the price point I was desiring when I closed on it (around $1700-1800). Currently property manageme...
Jason D.
Unneeded Repair Letter Request Letter from Tenant
I could use some advice. I have one property that has been rental for 13 years and I am experiencing my first major tenant issue.Tenant has had control of the property for approximately one month after signing a leas...
Victor Omoniyi
Can bonus depreciation be claimed the next year after an asset is placed in service?
If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
Evan Miller
Starting With Out of State Rentals
Hello everyone!I'm curious to know what you all think about a brand new investor (I own one condo and rent out the extra room) looking to out-of-state rentals to get started. I live in Denver and don't want to let my ...
James M.
Help With Order of Operations: Texas Landlord
Hello!I acquired my first home that I will be renting out in San Antonio, hopefully as soon as possible. I was hoping someone could assist me with the order of operations and tips on late rent and eviction process.I h...
Nicholas Ameluxen
Looking Within 3 hours of Austin / Round Rock
Hey Esteemed BP'ers!I hoping someone can point me in some direction. I am looking for a market for SFRs within 3 hours of Austin / Round Rock where the price to entry is 90k-120k for B Class areas. I have been doing s...