Hello BiggerPockets Family,I own a 3 unit multifamily house and I'm considering having a cost segregation study to accelerate the depreciation on the property.  I know that this makes sense as a tax strategy for comme...

I see a lot of confusion on owing the IRS while under extension. Here's how the system works.
1. Extension that you filed on April 15 does give you time to file your taxes until Oct 15. But it does not extend the tim...

Generally through not only research but also live forums such as BiggerPockets I've noticed that everyone seems to agree that the first few years of real estate investing typically do not produce much cash flow, and t...

Hi all,I've struggled for weeks to get a definitive answer to this, and am hoping the magic of the BP community comes through here: how do I calculate a rental property's total depreciation amount from which 25% will ...

I am reading the book "Millionaire Next Door" which had been rec'd by a few podcast guests if I recall.They discuss the following formula as a guide to what your net worth should be:Multiply your age times your realiz...

Hello - I purchased a town home in 1996.  I lived there for 10 yrs and rented for the next ten. Tenants moved out in November.  In the last ten yrs. I was able to  take a Line a credit on the home and complete 2 flips...

Hi all,Looking for advice on any lender in Vegas that are willing to do a HELOC on a non-warrantable condo, with the reason being that an entity own more than the guidelines of 10% of the complex. thanks;

I have bought four properties in the past year and prior to purchase, ran all numbers based on budgeting 10% for repairs and 10% for CapEx expenditures. These were acquired via turnkey, so in nearly all cases, all big...

    In 2022, I sold a multi-unit property in TN. Also in 2022, I bought a rental property in Ohio. Can I use accelerated depreciation on the new Ohio property to offset the capital gains on the sale of the TN property?

This is my first deal and I am looking to make sure that I do it right.I am looking at a St Louis really old 4 plex which was recently updated in a C area. (New roof, tuck point and plumbing stacks). The heaters and f...