Zigmunt Smigaj
Is Los Angeles/Orange County up for another crash?
5 March 2017 | 6 replies
Massive job loss/bad economy.
David Jesse
Buy my first house under LLC?
6 March 2017 | 6 replies
They are worth their weight in gold as a real estate investor.
Aaron H.
Mobile Home Purchase Agreement -- Scam???
6 March 2017 | 1 reply
It takes a lot of good deals to make up the loss of one really bad one.
Alex McKnight
Taking the Next Step with LLCs and Financing
12 March 2017 | 1 reply
For tax purposes the LLC's income or loss flows directly to you so whether you take the money out or leave it in the LLC you pay the tax personally.
Rachan M.
Tax implication: rental property with full-time job
7 March 2017 | 4 replies
If I were to buy a rental property that rents out for $500 less than expenses (mortgage, repairs etc) each month, will this loss lower the taxable income from my job?
Lue C.
What are you investing in with your IRA?
10 March 2017 | 24 replies
This is for sure a tax related question - but from what I understand about it is that because it is already tax deferred , that you cannot take deductions for losses from it.
Damion Anderson
The First Deal.. Looking for Advice!
15 March 2017 | 10 replies
Sometimes it's best to cut your losses and find ways to either do it better next time or make up those losses as you're moving along in the deal.
Camie Jelinek
Multi family accounting
7 March 2017 | 5 replies
If I receive rent for February in March, it's going to show up in March's profit and loss statement.
Jeff Hart
hud properties that are for home owners in the first 20 days
7 March 2017 | 4 replies
But if I can get it within the first 20 days that would be spectacular, and if the BiggerPockets community has the answer for this then it would be worth it's weight in gold.
Mohammad Zahid
My first flip, need some advice!
8 March 2017 | 3 replies
Ideally, you should get added to the title and insurance, since your money is going to the rehab, and you need to be secured in the event of a loss.