Jonathan Chan
Anybody Looking for a Podcast Guest?
16 January 2025 | 5 replies
You can create an account to advertise yourself as a host or a guest (or both) and get matched with others.
Francisco Milan
Listing Agents Question: If you needed to get 5 listing this month .....
19 January 2025 | 2 replies
I once made the mistake of chasing multiple listings at once, which turned into a disaster.When I shifted my focus to serving one client at a time with honesty, integrity, and accountability, referrals started coming in without any marketing.
Dennis Gudenau
Solo 401k Unsecured Loan Tax Advise
22 January 2025 | 2 replies
Account holders can't take any write-offs personally for investments made in the 401k.
Makani Donaldson
What is considered a good cash flow?
26 January 2025 | 16 replies
I'd deduct this before accounting for your total cash flow.
Edward Segaar
Private equity lending
16 January 2025 | 1 reply
How would this be accounted for for general accounting and taxes?
Christina Swaby
Do you provide incentives to your contractors?
28 January 2025 | 1 reply
I have them tell me how long a project will take to complete, and then I add buffer days or maybe up to 2 weeks, depending on how long / complex of a project it is and potentially accounting for weather if it is outside work.
Bruce D. Kowal
What REALLY Triggers IRS Attention in Real Estate Partnerships - From An Onlooker
29 January 2025 | 6 replies
Syndication Reporting IssuesMissing Form 8918 for reportable transactionsInconsistent investor disclosuresRequired registrations skippedWhat Doesn't Actually Matter:(Despite What Your Uncle's CPA Says)Special AllocationsNormal promote structuresStandard waterfall provisionsTypical developer promotesReality: Unless extremely aggressive, IRS rarely caresTechnical DocumentationMinor §704(b) gapsCapital account glitchesTechnical allocation languageTruth: Unless hiding something biggerProperty Value AllocationsNormal basis step-upsTypical appreciation splitsStandard promote calculationsReal World Example:🏢 100-unit apartment complex4 partners, $5M dealDeveloper promote structure= Zero IRS interestSame Deal With Red Flags:🏢 100-unit apartment complexHidden partner arrangementsArtificial loss allocationsUnreported debt shifts= IRS AttentionPractical Protection Steps:Basic Documentation✅ Clean operating agreement✅ Economic substance✅ Partner contributions tracked(Don't need War & Peace complexity)Economic Reality✅ Allocations match economics✅ Real money movement✅ Actual partner participationClean Reporting✅ Consistent K-1s✅ Required forms filed✅ Clear communicationThe "Sleep Well" Test:Can you explain your structure to an IRS agent without sweating?
Rosette Poole
Quick Introduction - New to Bigger Pockets
27 January 2025 | 9 replies
If you have any accounting questions, feel free to reach out!
Jason Mergl
Building a Team in Albany Area
14 January 2025 | 21 replies
Accountant – Preferably a CPA.