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Hey all, just about to close on our first property at just over $100k, talking to the CPA who we have used in the past he said he doesn't recommend doing a cost segregation because it would cost us about $3k for him t...
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I’m looking to buy my first BRRRR strategy, it’s also going to be my first home while we remodel, I don’t have a lot of cash saved up for the down payment/closing costs. I was just curious if anyone could give me a li...
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Do you use different business entities to buy/subdivide the land parcel and build new homes on the subdivided lots?
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Hi everyone, happy Monday. Has anyone had any luck finding a lender who would finance 80% of the PP, out of LLC, based on projected STR income? Or using existing properties as comps? TIA.
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Like many investors, I initially chose to invest in multifamily because I was investing in single family homes, and I wanted to grow my portfolio faster than that asset class would allow. What I didn’t know was that ...
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Hey yall, beginner investor here with 2 properties rented out and producing income. I am planning on buying something bigger this year... or maybe a couple of different properties. Im thinking I should really open an ...
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Hello, I'm doing my first DSCR cash out refinance on my short term rental in Indiana. It's currently owned under an LLC. I'm working with a broker right now and just received the initial disclosures. This is where I'm...
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Hi BP,
I wanted to post to make sure I'm understanding the depreciation recapture process using an overly simplified example. I'm leaving out deductions for closing costs, maintenance, repairs etc.
Say I buy a hou...
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