Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Daniel Mendez Landlords, how do you verify self-employed income?
9 July 2024 | 9 replies
If they don’t have both or “haven’t filed yet”, huge RED FLAG.
Tyler Gilpin Keeping track of portfolio financials
8 July 2024 | 20 replies
As a general rule, each entity that files a separate tax return (partnership, s-corp, c-corp, etc) will need its own QBO subscription.
Jimmy S. Collection agency?
8 July 2024 | 14 replies
I've just done the work myself: get a judgment, file to have wages garnished, place liens on any property they may own (I've had some people come up as being on joint title on a property).Some people will sent up a payment plan as soon as the sheriff shows up to serve them with papers because they're so embarrassed!
Joel Oh I am hearing STR doesn't count toward REPS status.
9 July 2024 | 29 replies
If it is a turn key property managed by a property manager or you have limited interaction with your guests it would most likely be considered passive income and filed on a Schedule E
Gustavo Domit Seeking Advice from Fellow Real Estate Investors: Sell or Hold?
9 July 2024 | 5 replies
With capital gains if you file together I thinks it’s $250,000 that’s exempt but speak with an accountant for sure.  
Bob Yon Can you sub-to a VA loan?
8 July 2024 | 15 replies
Hi, the lender will likely not know what his entitlement is at this time, if the loan has been in place, the entit. will be in the loan origination package which is now in the repository, the loan file will simply show the amount of guarantee.You can figure it though if you know the beginning LTV of his loan, and VAs go up to 100%.
Rollin Buffington LLC Listed on Mortgage, but not Title
8 July 2024 | 1 reply
While the bank may have facilitated the transfer without issue, updating the title is still important for legal and liability reasons, particularly for tax and asset protection purposes associated with LLC ownership.The title company has indicated they can handle the title change process, which typically involves filing paperwork with the appropriate local government office, such as the county recorder or registrar of deeds.
Miranda Obermiller Dayton Area RE Experienced CPA?
7 July 2024 | 9 replies
One often overlooked item for those who invest in Ohio is not filing the locality returns.Ohio is a unique state where they require locality returns to be filed in addition to the state return.
Eric Lahoda Lease term month to month
10 July 2024 | 11 replies
I do one year, cycle maturities during peak rental times during spring and summer, enforce lease termination clauses if a resident leaves early, and file eviction for $40 on the 11th if rent is unpaid. 
Mindy Jensen Structural Engineers: Can an aluminum I-Beam span 25 feet?
9 July 2024 | 17 replies
But, I found a bit here:  https://www.awc.org/pdf/education/mat/AWC-MAT230-Glulam-2hr-150530.pdfThe aluminum I-beam properties are well documented here:https://www.aluminum.org/sites/default/files/ADM2010Errata2.pdfIn short, one can't make a definitive conclusion.