Sylvia B.
What happens when buy & hold becomes a flip?
We purchased a house last week that we intend to rehab and then rent. However, if someone wants to buy it before we get it rented, we are not averse to making a quick chunk of cash. So what are the tax consequences...
Julio Gonzalez
Cost Segregation Helps Real Estate Investors
A cost segregation study is an engineering study that allows you to depreciate a significant amount of your real estate purchase price up front by breaking down the building into structural components which are expens...
Michelle Fox
Landlords Beware of Fair Housing Act
I thought Landlords should beware of what and does happen if you involved in a Fair Housing dispute. https://www.starbeacon.com/new...
David Eisen
Tenants owing a lot of rent and Forgiveness of Debt
Has anyone use forgiveness of debt if a tenant leaves/evicted owing back rent money? A quick google search... If a creditor discharged a debt of $600 or more, you should receive a Form 1099-C from the IRS showing the ...
Anshul Chandra
Newbie from Carmel, Indiana
Hello Everyone,I'm an IT professional currently living in Carmel, Indiana. I've been a member of BiggerPockets for some time, but only recently becoming active. I'm quite new to the real estate investment business, al...
Pratik Sheth
1031 vs Bonus Cost Segregation Depreciation.
Please help me convince as which one is better to offset capital gains. 1031 Exchange or Bonus Cost Segregation Depreciation? Also, I am a California Resident so I heard I cant use Bonus Cost Segregation Depreciation ...
Stephanie St. Germain
Importance of real estate specific accountant
Hi,I am in the early stages of my real estate investment journey and under contract with my first rental property, which I intend to use as an STR. I am technically an active CPA but haven’t been actively using the ce...
Tait Duryea
Real Estate Professional (750 hr) Log Samples
Hi all,I’m an airline pilot who owns a number of rentals and intend to begin using the Real Estate Professional tax loophole this year in order to take real estate losses against my ordinary income. I’m in a unique po...
Mayank Jain
Obtain Real estate professional status while house hacking with ADU?
Hi everyone,
I'm a house hacking rookie. I intend to get a single family residence, add an ADU, live myself in the residence and rent out the ADU as a studio apartment long term.
I have checked my city's ADU laws an...
Chris A.
Never thought I would be investing in a hotel...
Investment Info:
Other commercial investment investment.
Purchase price: $4,650,000
Contributors:
Jonathan New
Syndication Investment. The US Naval Academy Alumni sold this portfolio of...