Right now I am in contract to purchase my 6th rental SFH. I have been putting aside $100/month/property for a while now and have about $10,000 sitting in a cap ex reserves savings account so that I am prepared for th...
Hello Everyone, New to bigger pockets but not to investing in properties. I own 3 multiplex properties and Over the last few years I've spent a lot of money on AC units that have died. I have working (but old) AC unit...
Any accountants familiar with the GO Zone depreciation credit? I have done a lot of research on it, but IRS can be somewhat difficult to interpret.
50% instant depreciation could make a huge difference to investors....
My husband and I found a waterfront auction property that we purchased for vacation home/ possible short term rental. We purchased for 135,000.00 with a 10% buyers premium( SEV 79,900) We need to pay for within 30 d...
We partner with a guy who does fix and flips. He buys the house and does the rehab. We loan him the money both to buy the house and do the rehab and we share in the profits when it sells. We don't charge interest p...
Hello all! I'm new to the forums and to the idea of real estate investing. I've been doing some research lately on the process of flipping houses and I'm intrigued by it all. I've also learned about using a Solo 401K ...
Hello all you smart people......I have been a stay at home mom (my husband works a 7-5 government job) and commercial real estate investor for the last 20 years. Every year I discuss our return with our tax preparer ...
We (husband and wife) are about to acquire rental property and form our first LLC. From an asset protection perspective and a tax perspective, what are the advantages and disadvantages of choosing a member-managed vs....
I have been working on my fIrst RE deal doing a live and flip for the last 3 years and am just about finished with completing the flip. Bought the property for about 90 and put maybe 10 into the property. Local prices...
I am trying to finalize our tax paperwork and I am at the step of reporting the income and expenses of the rental property. I can tell based on the rental checking account what the income/expenses were. How do I docum...