Eric Smith
1031 exchange with a related party
5 February 2025 | 5 replies
There are a large number of accountants who would counsel that you not purchase that property.
Daniel Baker
Questions to ask.
1 February 2025 | 9 replies
Look forward to the discussion.https://www.biggerpockets.com/forums/51/topics/1222774-expla...https://www.biggerpockets.com/forums/51/topics/792277-how-to-test-your-cpas-technical-competencehttps://www.biggerpockets.com/forums/51/topics/795929-questions-to-ask-a-potential-accountant
Eric L Conry
Should you sell stocks to pay off a rental early?
2 February 2025 | 17 replies
The stock account is tanking, you see no hope for it to return, and you want to preserve the remainder of the principal;3.
Kwanza P.
Anyone with success setting up and then investing in real estate via an LLC/IRA?
29 January 2025 | 9 replies
Many people choose NOT to have this, because the administrator will then vet every investment you make to ensure you do not invalidate your IRA.Invalidating your IRA means that you've done a prohibited transaction and the entire account is then deemed as distributed to you.If you don't want checkbook control, then I recommend a plan administrator such as Equity Trust - www.trustetc.comIf you are sure that you're aware of all the rules around prohibited transactions and disqualified people (who you can and can't do business with), then a plan administrator like Sense Financial would be a good place to start talking.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
The specific assistance organization, the screening of the tenant, the property, and the PM company that should be communicating with the tenant all play a role in the success of your investment in regards to tenants.
Collin Hays
Input needed from my BP friends!
6 February 2025 | 19 replies
The national organizations can have a lot of money backing them from Alumni and it would be a very long term lease.
Edward James smith
Still fairly new to investing
17 January 2025 | 8 replies
If you can't find existing meetups, create your own by organizing casual gatherings for like-minded investors.
Kristie Nguyen
CPA Learning to help REI with Taxes and Bookkeeping
6 February 2025 | 2 replies
As you progress your bookkeeping business, you'll likely want to learn how to export statements from a variety of property management platforms, as investor books are housed in bank accounts, spreadsheets, and a variety of property management and accounting software!
Alan Mills
Seeking Strategies to scale up
21 January 2025 | 5 replies
If you are organized enough to forsee hang ups and talk with your GC about potential challenges on a regular basis, two brains are better than one.
Bradford G.
Rod Khleif vs Brad Sumrok Multifamily Coaching Review ??
26 January 2025 | 54 replies
Anything that you can do for free and that is good and accounts for 25+ hours, I say go for it.