
17 January 2023 | 4 replies
You could do a 7th month at the agreed upon amount if you’re feeling generous, but you’re setting a bad precedent. 2) keep AT LEAST the 6 months of payments plus $10,000 held in escrow at the title.
27 April 2015 | 9 replies
update since feb (in 2mos) i sold most everything i own aside from RE, saved up $80k, which i just pretty much blew as my offer on bankowned building for my non-profit humanitarian project was accepted earlier on today and am getting the wire into escrow started tomorrow. so now i'll be down to virtually $0 cash hopeful may 1 will bring with it the big money rent rolls until then i'll practically be starvin aside from pb & wheat bread slices & 1 heineken left in da otherwise emtpy fridge & empty house.now i will have 2 properties that are paid off (and 2 properties i manage for a family member overseas from whom i get a generous % rent split) but no $ to invest anywhere else, and bad credit. is there any way to borrow against my bigger property to buy a 3rd property or will lenders nevertheless have a problem with my bad credit (negotiated cc debt after letting em go to collections)?

15 January 2023 | 13 replies
If the goal is to offset your high W2 taxes, it seems like you have two possible routes: Your wife could qualify as a Real Estate Tax Professional, or you could use Bonus Depreciation on your Short Term Rental to create a paper loss.

15 July 2020 | 10 replies
@Maria G. office equipment is depreciated over 5 years, but the computer should qualify for bonus depreciation allowing you to take 100%.

9 March 2022 | 3 replies
If you can itemize the 25k into let's say appliances and such, you can take 100% bonus depreciation on the appliance and such.

30 June 2018 | 31 replies
Network with Wholesalers and more agents. offer the agents a bonus of a few thousand dollars if they find you a deal.

1 January 2023 | 3 replies
We also wanted to be able to take advantage of the 'bonus depreciation' -- and while reading through the IRS regulations on this, for real estate, it looks like 'placing in in service' has a varying definition.

19 January 2023 | 6 replies
Lofts, dining rooms, and bonus rooms can all be converted into bedrooms.

10 August 2019 | 46 replies
Linky link.Snip 1, more or less as expected, no reference to any first time homebuyer or "does not own other real estate" requirements:Snip 2, with an Unexpected Holiday Bonus relevant to high cost of living areas like NYC, the San Francisco Bay Area, LA, San Diego, DC/NoVa, etc."

13 March 2014 | 25 replies
Originally posted by David Niles:Low end paint is garbage, its watery, doesnt cover well and isnt washable $8 a gallon american finest flat. put a generous coat .. and u done. 2 coats if u need ...never had a problem ...best deal ever