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5 February 2025 | 4 replies
@Drake BackmanBigger Pockets is a great place to find a tax strategist specializing in real estate taxation.A good real estate tax strategist can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding a tax strategist specializing in real estate taxation, business taxation, financial planning and tax planning.Consider working with your tax strategist remotely to expand your options.I would also recommend looking for a tax strategist willing to work with you throughout the year.
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23 January 2025 | 8 replies
Currently started renting it for 2300$ per month , need your suggestion things I can do to fix my below situation.
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3 February 2025 | 3 replies
but keep in mind CA has higher taxes and reg fees and I’m not doing more than 1-2 flips (short timeframe flips) a year and many years do 0 flipsDo most flippers put flips into LLC Or in personal name (sole proprietor) in CA (where you must pay $800 yearly plus accounting and other fees $300to $600+ yearly to maintain LLC) Pros for personal name-save on taxes accounting.
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28 January 2025 | 7 replies
I currently do not have enough funds to fund a down payment and am trying to find the most efficient way to save.
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22 January 2025 | 25 replies
It is your first year when you get the major tax savings windfall due to cost segregation and bonus depreciation.
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29 January 2025 | 6 replies
Start with BiggerPockets Ultimate Beginners Guide (free).
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28 January 2025 | 1 reply
Investors might want to start exploring smaller cities or less-saturated markets poised for population and business growth.
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17 January 2025 | 4 replies
I’m a young entrepreneur in the real estate space, and I’ve recently started my own company.
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22 January 2025 | 10 replies
I'm not sure I'd want to go past 10 STRs ever and I'm trying to decide if it's worth Co-Hosting or just save up for the next one.
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28 January 2025 | 6 replies
If you don't own a primary residence I'd start there.