Mark Patel
Deprecation recapture on roofs and other improvements
I have a question on deprecation recapture and the tax consequence. When you depreciate a expense like a roof then sell the property. It seems that the roof expense become a capital gain since you have to add the de...
Account Closed
Best real estate market right now (In the USA)
Hello, Im new here but was wondering if you guys had to pick the best real-estate market for investors right now which city would you pick? I have about 3.5 mill to invest and absolutely will not take less than a 10 p...
Chris Frydenlund
Bad idea to buy single family home as first time buyer, instead of renting if need to save for dream home?
Hey BP members!
In this article Brandon advise to buy a duplex instead of a single family home if I want to avoid loosing money, and earn money on the property. Is it really that bad an idea to buy a home?
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Joseph Goode
What should my day to day look like as a 1st time investor
I’m looking to buy my first property and I want to grow this business to where I can be financially free. I really want to focus on out of state properties since Cali is too expensive. My target market is Indiana. So ...
Reginald M.
In need of some guidance.
I’m new to this forum. I’ve read through a lot of helpful information here on the forums and it’s safe to say my mindset has changed. I’m grateful for this community.Here’s my situation. Someone I know is selling the...
Account Closed
Softening the Tax Blow of Early 401(k) Withdrawal for REI?
This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...
Brandon McMullin
Opportunity for my first rental property, need help with closing
My friends parents had moved to another state and is living in a new house, there old house is all prepared for the market, but not yet on the market. I had a chance to look at it and it looked very clean. I was mainl...
Annie Le
Tax implications on a 1031 exchange
Hello everybody,
I am trying to figure out the tax implications, if any, for a client who is doing a 1031 exchange. I don't believe she should have any tax implications but would like a 2nd opinion.
Ori...
Anja Brey
Note investing vs Turnkeys?
Hi BP, What are the advantages/disadvantages of buying a note versus buying a turnkey (or vice versa) in terms of cash on cash return, depreciation, deductions etc.? How much depreciation do I get from 1 property/year...
Kishore P.
First Time Flipper SFR with SOLO 401 K Funds
Hello:I have come across an opportunity to finance as a lender with a flip for Single Family Residence (SFR) lake from the property with Solo 401 K.Not sure how? to go about with (a) Due Diligence (B) contract with th...