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 (3,264+)
Todd Groom managing multiple properties with one app
13 April 2020 | 2 replies
Aside from providing the basics (ie. listing tool to get the property published to 10+ major sites, scheduling tool to schedule viewings, tenant screening with comprehensive applications -- pulled reports from TransUnion, which include nationwide criminal background checks + credit checks + eviction history, digital lease creation tool, rent collection tool, and maintenance tracking tool), some services also offer your tenants additional capabilities which makes it an easier sell on your end when getting them to transition over (ie. their ability to report on-time rent payments to the credit bureaus; this can create an added incentive for making sure they pay that rent on time).
Jay Marz Forming a Business entity
13 April 2020 | 7 replies
Whether it will actually benefit you is another story, and that comes to the next part of your question:As for who should create or advise on the entity: creation should be left to the lawyer, although the accountant may provide insight into the structuring of entities.
Christopher Kolasa Asset protection as an owner-occupied landlord in Connecticut
20 April 2020 | 18 replies
I think if I were to have 3+ properties in Connecticut (total value over $500k) I would revisit the LLC creation discussion.
Account Closed CPA / Tax Advisor averege costs
27 March 2020 | 12 replies
I am just trying to get a feel for an average price to be expected for:1) Initial tax evaluation, plan creation etc  (flat rate per year)2) Tax advisement for each following year3) Fees for actual tax return filingI am not asking for specific CPA recommendations, or anything of that nature.. just trying to figure out what range I should be expecting for somebody who specializes in real estate.
Stuart M. Expense Real Estate Taxes on Sched A before in-service?
1 April 2020 | 21 replies
That said, Toth was specially allowed her expenses that were claimed as she was deemed currently operating.You should read 195 https://www.law.cornell.edu/uscode/text/26/195"(c)Definitions For purposes of this section—(1)Start-up expenditures The term “start-up expenditure” means any amount—(A)paid or incurred in connection with—(i)investigating the creation or acquisition of an active trade or business, or(ii)creating an active trade or business, or(iii)any activity engaged in for profit and for the production of income before the day on which the active trade or business begins, in anticipation of such activity becoming an active trade or business, and(B)which, if paid or incurred in connection with the operation of an existing active trade or business (in the same field as the trade or business referred to in subparagraph (A)), would be allowable as a deduction for the taxable year in which paid or incurred.The term “start-up expenditure” does not include any amount with respect to which a deduction is allowable under section 163(a), 164, or 174."
John Wesbrook Best lenders for rental property?
29 March 2020 | 4 replies
More importantly, principal pay-down is one of the key accelerators in wealth creation in real-estate.
Chris Seveney Sharpening Your Skills During This Time
13 April 2020 | 34 replies
Once that's done and I'm caught up on content creation, I'll look into some of your (Chris) suggestions....
Bruce Martin First Fayetteville NC Property
10 April 2020 | 15 replies
Hope Mills is a good part of town for sure, but my opinion is that you're too far towards the top of the price range.It's your first one, and it's rare people get great deals on their first one (mine was awful), so I'm not beating you up but you need to know where the goal post is for minimum acceptable deals and for Fayetteville the minimum is about 1.3x price/rent and 20% equity creation.
Jordan Murrell Is now a good time to start investing?
7 April 2020 | 58 replies
There is also a 1,000+ job creation through an Amazon warehouse to be built by 2021 in the immediate vicinity(speculative- private companies can pull out.
KATE HARDY ⁹Rental properties Tax Nightmare
21 April 2020 | 4 replies
I would not claim RE pro if there is no other income to offset- that lumps all of your properties into a tax grouping election and creations issues when you sell.