Jacob Havlovick
Duplex House Hack
22 January 2025 | 8 replies
@Jacob HavlovickBigger Pockets is a great place to find a real estate tax accountant.A good real estate accountant can save you thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend finding an accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
Brian Kantor
Any multi-game arcade machines/vendors you'd recommend?
1 January 2025 | 27 replies
Do a Google search for Awesome Arcades.
Ilina Shrestha
First time investor- lost & confused
17 January 2025 | 5 replies
My recommendation would be to engage an investment property focused realtor (not a general residential realtor) and let that person guide you through the process from pre-qualification to market/property valuation and selection.
Reeti Peshawaria
STR regulations for a new market
29 December 2024 | 11 replies
To answer your question, I would simply search google or even Bing AI chat and ask "short term rental regulations in ___" fill in the blank with the market you're searching in.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
A good real estate accountant can save them thousands of dollars by leveraging entity selection and formation, tax deductions, cost segregations, bonus depreciation and tax planning.I recommend that they find a tax accountant who specializes in real estate taxation, business taxation, financial planning and tax planning.I would also recommend that they look for a accountant willing to work with them throughout the year, who can help them strategize and who is responsive when they want to know the consequences of the financial decisions they are making throughout the year.Good luck.
Anthony Sigala
Best cash flow market in 2025
23 January 2025 | 2 replies
Also, how'd you narrow down your search to these two markets?
Michael Darten
Property management managing multiple properties
4 January 2025 | 18 replies
Either payout wasn’t right , horrible tenant selections ( I started requiring them to bring me the cream of the crop and I decide) I tried 2 different pMs.
Brice Alef-Torrisi
Managing finances between multiple properties
14 January 2025 | 7 replies
@Brice Alef-Torrisi putting each property in its own LLC is usually overkill.Getting a bank account for each LLC is typically something you need to do to avoid "piercing of the LLC corporate veil" (actually depends on tax selection you made for LLC), but is also overkill.You haven't indicated how you are holding the deed for the latest property.If in your name or same LLC, you don't need a separate bank account.If in separate LLC, you can create a Master LLC, have each property LLC hire the Master LLC to manage their affairs, and just get a bank account for Master LLC.This is an opinion, not advice, so lookup CPA Frank Alcini in Troy for expert advice.
Justin LoPilato
House Hacker Introduction!
22 January 2025 | 9 replies
I am an aspiring serial house hacker based in southern New Hampshire actively searching for my second small multifamily deal in the Nashua area, but I've hit a wall with inventory being so tight in my local market.
Deepak Malhotra
Fourplex in Georgetown, Texas, one of my worst deals
15 January 2025 | 8 replies
If I would have used competent management, the manager that I picked and vetted, then it would have cash flowed, assuming they could have filled the vacancies.The big lesson I learned is that the property manager selected can make or break a deal.