I've tried searching the forums, but couldn't find an exact answer to this question. Depreciation reduces the cost basis of your property, and has it's own, 25% depreciation recapture tax rate when you sell. So if you...
Hello,
Been reading a bit around here recently, but my first post.
I'm in the process of educating myself on flipping. I'm poking around places like Redfin, Zillow, etc to look at recently solds, but I'...
I use to flip houses, and sold some on LP's. When the market crashed I got out asap. Last-year, spent over 3-months looking for a deal/flip and came up with nothing! Networked, letters, cards, you name it. 10 years ag...
Would love to have a conversation with, or be referred to, anyone that has had success with adverse possession in Texas or is familiar with it's workings. I realize it's a fairly esoteric area of RE law, so initially ...
I was told the other day that after doing something for 10,000 hours you are an expert in that field. That had me doing the math. How many hours have I put into my real estate investing career? If a normal person work...
Alright, I just read a post from a guru pitching services on BP. I did not want to respond with what I really think, but let me tell you my story here instead.
In 2007 I went to a RichDad seminar: after the free Thur...
Jobs are back and the economy is recovering. How do you spin this doom and gloomers?
Jobs Are Back! Recovery Abounds
When working with hard money lenders, be sure you are able to quickly summarize your loan request. Don’t go into too much detail or explanation until the lender has decided to move forward in the process with your loa...
My name is John, I am grateful to introduce myself to the community. In my introduction I would like to share some words about myself, Share my goals, Share my why and invite you to speak with me on how I can help you...
Hello Everyone!!I suppose it is time for me to stop reading all the posts and introduce myself. My journey into R.E. came to be in 2005 at 20 years old. I had become a Land surveyor in San Diego, California and was in...