I apologize for my metaphor, but I’ noticed finding a motivated seller is like asking a girl out that you really like. When guys are inexperienced in courtship they think there’s a magic slick “pick up line” that will...
Never complete a 1031 exchange, looking for help near by. (Amesbury MA)SituationMy 3 family has an accepted offer of $660,000 (pending bank approval)I paid $380,00 and owe $336,000.I have 56,000 in depreciation that ...
Seems as if everything in the market is over priced, going under contract within a day or being purchased for over asking. I'm a firm believer of winners win and losers lose; but im curious, can a home be a good inves...
Hello all, I’m currently in the market right now for a 2-4plex to live in, and then rent out the other unit(s) with as little downpayment down as humanly possible. Looking in Minneapolis/Saint Paul area if that helps....
As I accumulate SFHs for passive income, I'm wondering if I need an accountant. I've always done my own taxes (including a single rental) using TurboTax. I'd love to hear folks thoughts on the pros/cons, especially ...
Hi - I am looking for some advice on how to best leverage the properties that I have in my portfolio. Here is the situation: 1. 3k sq foot house on 1 acre - fully paid off / low-value estimate is 212k / needs prob 30-...
Hi Bigger Pockets members,
I've been on Bigger Pockets for a couple years educating myself on Real Estate investing. I am just recently joining the platform as a CPA and looking to answer any questions you might have...
Hello,I have a question related to getting accelerated depreciation. Assuming I meet the IRS guidelines for a real estate professional, can I do a cost seg and claim accelerated depreciation for a fix and flip propert...
I'm interested to hearing experiences from those on here that have invested in construction projects on properties they own. We've acquired a coastal duplex in Southern California and are looking at the options to ren...
When you hire a gc and the bid is 50k, how do you pay him so you make sure he doesnt screw you over?10k per week? 50 percent down? 50% when he completes the job? I have always been burnt by these so called pros and ...