Eric Williams
Oversimplified Cost Seg Example
Let's say a rental property gets 12k in rental income, passive.Cost seg gets 50k, resulting in passive activity loss of around 38k.The amount of passive losses carries from the Sch E to the 8582 to determine the loss ...
Stephen Lewellis
Getting on base (a celebration and some advice)
The end of the year is a good time to reflect on where you started and where you ended up.
I’m always impressed by the intrepid rookies who are featured as Rookie Rockstars on the Real Estate Rookie podcast. Now I’m ...
Sarah Jukes
Non 3rd party tenant background check!?
This is our first rental. I asked the applicants to apply via RentSpree. They are saying they are not happy using a 3rd party system for the application and background check. Because of hacking!?They prefer paper appl...
Account Closed
Investing in Durham, NC
I just purchased my first property (SFH, house hacking) in Durham, NC and looking to pick up another single family or duplex in the next 6 to 12 months. For those who are familiar with this part of the Carolinas, what...
Margarita Bozhenkova
Seeking Advice on Challenging Partnership: How to Minimize Losses and Move Forward
Hi BiggerPockets Fam,
I’m reaching out for advice regarding a challenging situation my husband and I are facing with a real estate investment. We entered into a partnership to purchase a mobile home for $105,000 with...
Lloyd Segal
Economic Update (Monday, June 21, 2021)
Economic Update
(Monday, June 21, 2021)
Fire has always been part of Southern California’s ecosystem, but today’s wildfires are more intense, more frequent, and more dangerous than ever. The memories of massive bla...