Quan Pham
Stressing over what to do next
4 February 2025 | 9 replies
Are you quoting net cash flow - after taxes, insurance, maintenance/repairs, property management if needed?
Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
29 January 2025 | 4 replies
Rent payments from the medical LLC are fully deductible as a business expense, while the property-owning LLC will report the rent as taxable income, which can be offset by deductions for expenses like mortgage interest, property taxes, maintenance, and depreciation.To ensure compliance, document how FMV was determined—using market comparisons, an appraisal, or similar data—and draft a formal lease agreement outlining the terms, rent amount, and responsibilities.
Micki Ray Harper
Must an evicted squatter be given notice in a quiet title process in Alabama?
30 January 2025 | 10 replies
Approximately 6-8 weeks ago my attorney stated he was unable to get the delinquent tax 'owner' nor the squatters served in this matter.
Jason Burkart
Gift money for family or buy a rental for family?
27 January 2025 | 9 replies
If you do place the property in her name, you've got a Gift Tax (Form 709) to complete.
Kwanza P.
New Here to the platform
29 January 2025 | 15 replies
I would search the BP forums because your tax / legal related questions likely have already been asked.However, it doesn't hurt to still ask the forum what your questions are.
Daniel Grantz
Best markets for cash flow
3 February 2025 | 25 replies
To markets where you’ll gain long term tax free wealth.
Matthew Allen
Is This Sale Lease Back Strategy A Bad Idea
3 February 2025 | 5 replies
Now, this would obviously be negatively cash flowing since you would need to pay taxes and insurance.
Mary Jay
Cash flow is a myth? Property does not cash flow till its paid off?
3 February 2025 | 79 replies
Do you not have taxes?
Daniel Green
New investor looking to learn about DC's market, make connections
4 February 2025 | 11 replies
I'd be happy to make connections over similar goals, and to learn about tax info for DC, great spots to buy, and trends for rentals.
Chris Crawford
Selling A House And Giving Previous Owner Proceeds
28 January 2025 | 4 replies
On your tax return you would report the proceeds, subtract costs and proceeds paid to seller, then the remaining profit would be your flat fee.