All Forum Posts by: Aron Rodriguez
Aron Rodriguez has started 6 posts and replied 24 times.
Post: Real Estate Market in Winston-Salem NC
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Thanks for sharing! I really like the details you included in this post. I am currently under contract in Winston-Salem in southwest of downtown close to I40 & 421.
Post: Househacking lender North Carolina (NC)
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Would like to get the contact info! Thank you.
Post: MTR's 16 Months in: 10 things we've learned (South East, Winston Salem)
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Very close to Burke Mill Rd.
Those factors are definitely great signs and why I chose to invest in NC. Thanks for all the tips again!
My fiance' and I are healthcare travelers and we saw a lot of demand in the hospitals nearby. Also, you mentioned Wake Forest is also nearby. I love how everything is accessible within 10 to 15 minutes.
I'll send you a request. Looking forward to connect!
Post: MTR's 16 Months in: 10 things we've learned (South East, Winston Salem)
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Thank you. I had to change my offer strategy because of how fast homes were selling. The property is located south west of Ardmore. Very close to all the shops and restaurants and about 10 min to downtown.
What do you like most about investing in Winston Salem and the Triad area? I'm looking to doing more deals soon.
Post: MTR's 16 Months in: 10 things we've learned (South East, Winston Salem)
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
I'm glad I saw this post. Thanks for the tips! We are under contract in Winston-Salem and planning on doing STR/MTR hybrid. Every property I have looked into went under contract in less than 10 days with multiple offers.
Post: Real Estate Meet up and Events in the IE?
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Post: Bonus depreciation & cost seg tax benefits for rental property
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Quote from @Nancy Ma:
Hey Aron, I'm a CPA and can help you answer your questions on the depreciation. Do you have time to chat today?
Post: Bonus depreciation & cost seg tax benefits for rental property
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Quote from @Julio Gonzalez:
@Aron Rodriguez Will the property be a STR that you materially participate in? If not, since you and your fiancé have W2 income and aren't REPS, you will have passive loss limitations. This isn't to say that you won't still benefit from bonus depreciation and a cost seg study, but you just don't have as much potential benefit if you were to satisfy material participation in an STR or REPS status. If the property is placed in service in this year, it it eligible for 100% bonus depreciation. For any unused losses, those will carry forward into future years. Here are some articles I wrote on cost seg and bonus depreciation. Feel free to reach out if you have any questions!
https://www.biggerpockets.com/...
https://www.biggerpockets.com/...
Thanks for the helpful tips on this topic. Will you be able to chat sometime today?
Post: No email confirmation for BPCON tickets
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
I purchased my ticket about a month ago but still haven't received my email confirmation and tickets. Has anyone encountered this problem?
Post: Bonus depreciation & cost seg tax benefits for rental property
- Rental Property Investor
- Riverside, CA
- Posts 26
- Votes 11
Yes. My fiancé and I both owed last year from our W2's. This property is in both of our names.