Armell Mayers
Real Estate Taxes
31 December 2024 | 6 replies
@Armell MayersBigger Pockets is a great place to find a real estate tax accountant.
Mark Beekman
Where can my LLC get a HELOC?
9 January 2025 | 15 replies
Legitimate, in this case, means that the entity is part of an overall business investment strategy whereby you have a business plan, tax returns, and the funds you seek are for further business expansion.If, however, the LLC is a stand alone entity, is not profitable, or is not legitimate, then your probably better off putting into your personal name and securing funding that way, or still talking to local or regional banks to see if they have any loan programs available where you might be able to secure financing.
John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
Office; AND$5M or more in revenueSEC regulated investment companies + certain business already under strict regulations from the Federal Gov'tWho is a "beneficial owner"?
Helena Goyvaerts
BRRRR - Experiences with the refinancing part for non US-citizens?
6 January 2025 | 10 replies
@Helena Goyvaerts it will be tough without 2+ years of USA tax returns showing you are profitable.Higher interest rates have negatively affected most lenders and many of them are getting more aggressive with offering more flexible programs.
Daniel Chen
Section 179 Question for rental business
4 January 2025 | 11 replies
An LLC doesn't make a difference in your federal taxes or what you can deduct.What you want to do is technically possible, but there are several hurdles.
Joan E.
rental property and tax filing
2 January 2025 | 3 replies
You can always use a software like Turbo-Tax and follow the prompts.
Account Closed
Paying off Rental or Primary
31 December 2024 | 8 replies
Account ClosedI recommend that have a consultation with your tax accountant and/or financial advisor on ways to reduce your taxes.
Ben Hofstra
Best Bank Account for my Situation
9 January 2025 | 9 replies
What I love about Baselane is that it was built BY real estate investors FOR real estate investors so it's really dialed in to what you're going to need in order to prepare your taxes, keep your books up to date and the more operational aspects of being an REI like tenant vetting and processing rent payments.
Travis Smith
Using real estate for tax purposes only
1 January 2025 | 5 replies
Of course to maximize your tax benefit it needs to be sustainable over time.
Melanie P.
WARNING - Justin Goodin is Operating as Goodin Development
23 January 2025 | 30 replies
I will update my reports to federal law enforcement about these activities once I have completed debunking all of his new claims.