John Malone
Are you aware of the new Corporate Transparency Act Coming in 2024 (every LLC)
31 December 2024 | 22 replies
At our firm (tax advisory) we are offering a service to help clients with this and we expect many tax/cpa/law firms will as well.
Jordan Kaylor
Use HELOC to buy, then refinance into mortgage?
8 January 2025 | 16 replies
However, unless you're doing this as part of a BRRRR strategy, you may end up paying closing costs twice and incurring unnecessary interest on the HELOC prior to refinancing.Additionally, conventional loans often have seasoning requirements of 6-12 months, while DSCR loans typically require only 3-6 months.This post does not create a CPA-Client relationship.
Briley Roe
Hello BiggerPockets! New PRO here
2 January 2025 | 3 replies
My partner is based out of Dallas and a lot of our clients are from the surrounding areas.
Paul H.
Questions when working with a new/unfamiliar wholesaler
30 December 2024 | 7 replies
We then like to provide our clients with photos, tax information and comps.
AJ Wong
Property Insurance crisis will supercharge climate migration in 2025 and beyond
11 January 2025 | 2 replies
I've consistently written about the forces of nature and her current and future effects on the real estate market (even while often being ridiculed and politicized on this very site for it) regardless: I personally moved and invested in coastal Oregon in 2018 from Venice Beach Los Angeles partly as a result of the trajectory of climate and have assisted several clients that specifically purchased on the Oregon Coast for their own 'climate havens,' investment and future retirement homes.
Nate Pucel
How do you determine depreciation basis on a renovated rental?
3 January 2025 | 5 replies
Accurate records of all expenditures are essential to claim deductions and calculate the cost basis for future capital gains taxes, including depreciation recapture.This post does not create a CPA-Client relationship.
Bailey Rentz
Done with Stessa. Where should I go?
13 January 2025 | 10 replies
Hey @Bailey Rentz, I'll say that we use QuickBooks Online exclusively for all of our Clients and they are constantly working to improve the bank feed feature and specifically the connections.
Jeffrey A.
Should I use a HELOC for first my first flip or find other means?
12 January 2025 | 10 replies
This post does not create a CPA-Client relationship.
Tove Fox
Nevada, Ohio, Michigan, Pennsylvania Out of State Investing
20 January 2025 | 22 replies
More than 90% of our clients are out of state, and more than 90% have invested repeatedly with us indicating that they are happy with their investments.
Shayan Sameer
New Rental Property Purchase - Out of State
31 January 2025 | 29 replies
@Shayan Sameer I don't have any experience in Ohio but I've had a ton of my clients be successful here in the southern/middle part of the country.