Just found out that Connecticut disallows section 168k & section 179 bonus depreciation. For reference, see: https://portal.ct.gov/-/media/drs/publications/ocg/ocg5bonus...
Is there an exemption to this rule or c...
Hi, I have a few questions about using a Heloc and getting a loan for a second home (vacation that I do intend to stay in part of the year.)Scenario:House value:250KLoan balance: 50KEquity: 200KGoals/Plan:Get 10 STR p...
I read Gallinelli's books and bought his REIA Excel software. I love it! I also built my own tool (basically reverse engineered Gallinelli's in order to make sure I understood exactly what it was doing behind the s...
After about 4 months of looking at different properties, I've finally closed on my first rental! Only bad thing, in my opinion, is that its a condo. Condo fees are currently $205/month (it will go back to $125 after t...
Hello everyone! This is only my second post! I love to read as many posts I can, but never get the chance to post myself. But, here I am. I would just like to know what are the MOST important things to get in place be...
I've done valuation analysis and due diligence on businesses before. The only real estate I've purchased to date has been for my primary residence.I am looking at an 8 unit multi family which is about 6500 sq feet...
Hey looking to understand some tips in making sure that the potential lenders I am speaking with are offering me the best possible solutions for my situation. What are some good questions I should be asking a potentia...
Hi Everyone,I was directed to the Bigger Pockets podcast from a different website and have been listening nonstop, as well as reading the different blog posts. I also signed up for the webinar this Wednesday!A little ...
I am buying a partial on a note and we are finalizing the agreement does anyone know where I can get a contract that is already written for this transaction.
Hey all,Would love some advice. I'm trying to purchase a residential property that has an existing tenant, which is running an adult family home business from the house, while also living there. It's a large property....