Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 54%
$32.50 /mo
$390 billed annualy
MONTHLY
$69 /mo
billed monthly
7 day free trial. Cancel anytime
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
All Forum Categories
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

All Forum Posts by: Jeff Davis

Jeff Davis has started 14 posts and replied 49 times.

Post: Good CPA that understands multifamily real estate investing + tax planning strategy

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30
Quote from @Basit Siddiqi:

It looks like you have a STR when looking at your previously started posts on biggerpockets.
There are some potential unique tax benefits when self-managing a STR.

You may want to discuss them with your CPA to see if you are eligible.

Thanks, Basit. Will bring this up in my next conversation. Any suggestions on the best places to do research to start figuring out which tax benefits we might be eligible for?

Post: Good CPA that understands multifamily real estate investing + tax planning strategy

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30

Thanks for confirming Sean! Very helpful. 

Post: Good CPA that understands multifamily real estate investing + tax planning strategy

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30
Quote from @Michael Plaks:

@Jeff Davis

You can find quite a few of us right here on this forum, simply by browsing.

Just keep in mind that August is a bad time to look for a CPA. Read this:

https://www.biggerpockets.com/forums/51/topics/1057644-augus...

Thanks, Michael! This is helpful. Looks like November is a better timeframe to consider moving to a new CPA. 

Post: Good CPA that understands multifamily real estate investing + tax planning strategy

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30

Hey, Community - 

Reaching out to see if anyone has any recommendations on a good CPA that truly understand MF real estate investing. We just bought our first MF investment and the CPA that has done the taxes for both my personal and business taxes for years doesn't seem like he 100% knowledgeable on real estate investing when it comes to tax planning. I thought it would be a good idea to talk to a few other professionals before we get close to tax season to see if there might be others that understand our situation and could help us plan appropriately. 

Thanks for any and all suggestions!

Post: Airbnb cleaning services recommendations - Andersonville/Edgewater

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30
Quote from @Brooklyn McCarty:
Quote from @Michael Baum:

Hey @Jeff Davis, you probably aren't going to find cleaner recommendations here.

Your best bet is to try Turno or local Facebook Marketplace and Craigslist for folks doing cleanings.

Thanks for confirming, @Brooklyn McCarty

 What Michael said!

Post: Airbnb cleaning services recommendations - Andersonville/Edgewater

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30
Quote from @Michael Baum:

Hey @Jeff Davis, you probably aren't going to find cleaner recommendations here.

Your best bet is to try Turno or local Facebook Marketplace and Craigslist for folks doing cleanings.

 Thanks for the guidance and recommendations, @Michael Baum. Much appreciated!

Post: Airbnb cleaning services recommendations - Andersonville/Edgewater

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30

Hey everyone!

We are working on launching our first Airbnb and need some help finding a reasonably priced and reliable cleaning service. Our property is located in the Andersonville/Edgewater area on the north side. 

Would appreciate any recommendations that have worked out well in the past that we could potentially use as we open the doors to our new venture. Appreciate any help/guidance. Thanks!!!

Post: Help w/ converting old hater water radiator system thermostat to smart thermostat

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30

Hey all - 

Wondering if anyone has experience switching out an old Honeywell thermostat that is used for a hot water heater system to a smart thermostat (we bought the Amazon smart thermostat). - see attached photos

It's for our new airbnb listing. We are in the process of rehabbing an old 2-story multifamily building and the thermostat for the entire building is on the 1st floor which is where the Aribnb will be. We would like to be able to control this remotely thus we need to switch the thermostat. 

Have been unsuccessfully in finding someone that has experience doing this at a reasonable price as this is our first rehab. 

Any help would be greatly appreciated!

Post: Type M vs Type L Copper Pipe in Residential

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30
Quote from @Benjamin Cohen:

I'm currently in the process of a flip in Chicago, IL and I've had an inspector tell me my plumbing was incorrect and needed to be revisited. After bringing a more reputable plumber in he mentioned that all my rigid copper piping had red lettering (type M - lighter duty) and Chicago required blue lettering (type L - medium grade) throughout. This is likely to carry some significant costs (ripping all the copper out, buying new + labor. Has anyone heard this before? I haven't seen this in other states, so I assume it's a Chicago thing.

 @Benjamin Cohen - I know this post was from a while back, but was reaching out to see if you ever got a resolution on this issue. We are going through the exact same thing and are getting mixed responses from the GCs and contractors that we are talking with. Any help to get a definitive answer would be greatly appreciated. Thanks and Happy New Year!

Post: General contractor recommendations for multifamily buildings

Jeff Davis
Posted
  • Chicago
  • Posts 49
  • Votes 30
Quote from @Jonathan Klemm:

@John Warren - You are the man, love the shout-out.  Thank you!

Hey @Jeff Davis - Congrats on your first property brother!  That is absolutely amazing.....the first one is ALWAYS the hardest.

Happy to connect to see how we might be able to help.  Which Chicago neighborhood is your property in?

Thanks! We’re really excited. Property is located in Andersonville. Looking forward to connecting and learning more about you. Sent you a message in your DM on how best to connect with me. Talk soon!