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Results (10,000+)
Joshua Houchins Accounting Software?
9 January 2025 | 16 replies
Gita,At least the way I prefer to do things is to only run accrual based accounting activity on my day to day operations.
Cody Caswell How to Save Thousands on Cabinetry Cost
6 February 2025 | 15 replies
The contractors who do work for me have zero issues with me sourcing the material if disclosed up front and not holding them accountable for any material issues.  
Jose Saladin First Investment Idea - Tell me all the holes
13 February 2025 | 8 replies
. --- Once I'm ready to make the move, I can speak with a lawyer and a RE Tax Accountant to find out what's the lowest allowable to avoid that trigger.
Palak Patel Need suggestions about using cost segregation study for tax
20 February 2025 | 8 replies
You should have had a conversation with an accountant prior to going ahead with the cost segregation study.A cost segregation study breaks down a building to more components than just building and land.
Eli Jerman Taxes for 2024 - First rental property purchases in August 2024
31 January 2025 | 11 replies
You don't know, what you don't know.Bigger Pockets is a great place to find a tax accountant specializing in real estate taxation.
Dani Beit-Or Looking for Advice on Structuring a Deal – Need Guidance - Va Loan Assumption
15 February 2025 | 3 replies
How to Structure the Deal to Protect Your $20KIf you’re willing to cover the $20K arrears, here’s how to protect yourself:Option 1: Secure Your Funds with a Lien or Escrow AgreementUse an escrow account: Deposit the $20K into escrow with clear terms—if the assumption is denied, the funds return to you.Record a promissory note & lien: If the deal falls through, this would give you a legal claim against the property to recover your funds.Option 2: Sub-To + Wrap While You AssumeSubject-to deal: Take over the existing loan payments before assumption approval, securing control.Escrowed deed transfer: The seller signs the deed into escrow only to be recorded after assumption approval, ensuring they can’t back out.Lease option fallback: If the assumption is denied, consider a lease option agreement until another solution is found.Option 3: Negotiate a Seller Financing HybridAsk the seller to carry a small second note for the $60K equity gap at favorable terms.Use your $20K as a down payment, structured as a secured loan against the property.3.
Don Konipol Can a “Subject to” Transaction be done SAFELY?
17 February 2025 | 92 replies
A lot of SubTo transactions don't take these considerations into account when filling out their future loan applications.
Josh Chapman RESimpli CRM Pros & Cons
9 February 2025 | 32 replies
Do I need 3 separate accounts 3.
Kamal Sukhija Cost Estimate for a 6000 sq ft commercial medical/retail building & financing options
20 February 2025 | 6 replies
. - any cost accounted for prior to permit) should be considered as equity in the deal once ready to build. 
Jennifer Fernéz Just starting! Have a couple questions for the tech gurus out there.
4 February 2025 | 1 reply
I also ask if they've ever been evicted, refused to pay rent, or filed for bankruptcy.Further, I ask account numbers for their checking and savings accounts, and the approximate balances in each.