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All Forum Posts by: Julio Gonzalez

Julio Gonzalez has started 246 posts and replied 4552 times.

Post: New Member - Planning First Property Investment in Dallas, TX

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Hi Joshua, glad to have you as a part of this awesome community!

Post: Brand new to real estate

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Welcome to BiggerPockets, Kevin! 

-Julio

Post: Cost seg for Long term rental

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Since you're already generating substantial depreciation (e.g., $90K from cost segregation), if your husband can qualify as REP in future years, and you continue to build your portfolio, it could be very beneficial. The key requirements for REP status are: More than 750 hours of real estate services in the year and more than half of personal services performed must be in real estate.

Consider finding a CPA who understands REP rules and material participation tests.

Post: New to STRs and Landlording in General

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Hi Justin, welcome to BiggerPockets! You're off to a great start. STRs can be a great wealth-building tool, and this community has tons of experience to share! 

-Julio

Post: New to RE Investing and exploring Cleveland, OH

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Welcome to BiggerPockets, Maurice! 

Post: New Real Estate Investor

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Welcome to the community, Steven! Love your mindset, sounds like you're ready to take action the smart way!

-Julio

Post: New to Wholesale

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Hey Luke, great to have you here! Michigan and Indiana have some solid opportunities! 

Welcome aboard and best of luck investing! 
-Julio

Post: New Member Here – Looking to Connect!

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Hi Yovani, welcome to BiggerPockets!

This is a great place to learn and to connect with people so take advantage of all the great resources.

-Julio

Post: Hello BiggerPockets! New PRO here

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Welcome, Jasmine! Love your mission around affordable housing and education we need more investors like you!

-Julio

Post: New to BP! Hello!

Julio Gonzalez
#4 New Member Introductions Contributor
Posted
  • Specialist
  • West Palm Beach, FL
  • Posts 4,642
  • Votes 1,591

Great to have you here, Justin! It's awesome that you're bringing both financial savvy and real-life landlord knowledge into the REI world!

-Julio