Steve Englehart
Cashing out IRA to buy rental properties.
3 January 2025 | 45 replies
What experience does he have in real estate or in selecting investments in his IRA?
Tar-U-Way Bright
How could I use my LLC
24 December 2024 | 14 replies
A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend looking for a accountant willing to work with you throughout the year.
Joshua Houchins
Accounting Software?
9 January 2025 | 16 replies
When we moved our companies to a new accounting software we looked at Quickbooks, but found its international awareness (tax rules, multi-currency, locale support, etc), project/job, and multi-company abilities to be clunky.To be fair, none of the candidates hit everything on our wishlist.We ended-up selecting MoneyWorks by Cognito and have been satisfied with it over the past three years.
Chris Shon
Do I need a Real Estate Tax Accountant?
10 January 2025 | 16 replies
Bigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Augusta Owens
New member and new to real estate
7 January 2025 | 12 replies
My suggestion would be to select someone with the most forum posts or most reviews.
Danny Goss
Starting out + choosing a strategy
26 December 2024 | 6 replies
The BRRRR strategy is doable for a newer investor, but it requires a lot of effort, consistency, and hands-on involvement—it's not exactly a passive way to invest.Whichever route you choose, if you're taking on the bulk of the work to analyze deals and select the best ones, it’s important to ensure your partnership reflects the time and energy you’re putting in.
Kim Leduff
Looking for a Property Manager or Company In Toledo
14 December 2024 | 12 replies
@Kim LeduffIn our experience, the #1 mistake owners make when selecting a Property Management Company (PMC) is ASSUMING instead of CONFIRMING.It's often a case of not doing enough research, as they don't know what they don't know!
Lj Cal
Keep current low interest rate with a new mortgage
15 December 2024 | 7 replies
What you could doIs continue to pay that loan and have the owner also select finance you the balance.
Chris Berezansky
Rental and Utility Data Request for Data Science Capstone Project
17 December 2024 | 1 reply
We do a pretty good deal of site selection with data behind it and use experian as a data source.
Reeti Peshawaria
STR regulations for a new market
29 December 2024 | 11 replies
Once you have selected this market, begin doing researching on the current regulations as well as the political climate regarding STRs in that market and whether or not there are any upcoming proposals on the market docket that may shift or change the current regulations.