Jesus C.
Has anyone found any decent property manager in Bakersfield/Oildale, CA?
27 June 2024 | 8 replies
Have you tried E-homes of Bakersfield.
Bernard Golden
Real Estate Professional Time Tracking
26 June 2024 | 14 replies
You’re looking in the wrong place - try this thread https://www.biggerpockets.com/forums/51/topics/816680-real-e...
Gabriel Ortega
Who has been your best experience with Non QM HELOC LONAS bank Statements
25 June 2024 | 4 replies
looking at 75-80% ltv for a heloc, yes all rental income are in schedule e
Edward Condon
Respectful Inquiry to the Admins
23 June 2024 | 10 replies
@Scott TrenchJust my 2 cents but I am Not sure either one of these has enough juice to stand on their own - notes would be most similar to private lending if they were to be broken up.
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
26 June 2024 | 34 replies
Mike -Forming an LLC is a good legal best practice to house a RE rental and would be a Schedule E transaction for you.
Jack Chamberlain
Oklahoma CPA?
25 June 2024 | 17 replies
If someone comes to me, I'll send them your way.If you need help in your search or want to verify something don't hesitate to ask.For example: I have clients worldwide and things are just as easy as I e-mail them, talking on the phone.
Jackie Riley
Property transfer to LLC/ tax treatment
24 June 2024 | 5 replies
Our CPA told us if we transferred to NJ LLC with both of my parents as 50/50 owners, they can treat the LLC as a single member for federal tax purposes and continue to file on Schedule E because they file a joint return, but this seems to be inconsistent with what I've read.If we want to transfer to an LLC and continue reporting on Schedule E on their joint tax return, can I simply set up the LLC with one of my parents as the member and have each parent deed their interest to the LLC that will be owned by one parent?
Igor Balakhnin
Do you pay capitol gains tax on owner occupied duplex at sale?
27 June 2024 | 26 replies
It's similar to how you report it for tax purposes in years where you aren't selling it, you report 50% (or whatever % is allocable to each side) as rental property and depreciate that 50% while the other 50% is your own personal residence and therefore is not part of Schedule E.
Geoffrey Paugam
Out of state Investing
25 June 2024 | 51 replies
Quote from @Regina Blake: Hi, yes you are correct Ohio is the place you want to e to invest in real estate.
Frank Greg
GC: Average Total Labor Cost on New Build
27 June 2024 | 62 replies
Just whatever makes $en$e for you.