Robert Hastings
Selling and Buying primary house, possible to close at same time?
1 December 2017 | 3 replies
you should search out a real professional.
Lazaro Vento
Airbnbing properties without owning them
2 December 2017 | 9 replies
Transparency is key, not all landlords are comfortable with this arrangement but many see the advantages of working with professionals who are able to maintain the properties at higher standards than with long term leases.
Courtney Downtain
Rental property without running water in the winter
7 December 2017 | 15 replies
Turning the water supply off and draining the lines reduces the risk even more.
Neems Y.
New member introduction
16 December 2017 | 11 replies
That's why you hire a seasoned professionals to take care of the legal work for you.
Jarrett McAllister
How will the new Tax Bill will effect investors.
3 December 2017 | 3 replies
It depends on whether the House or Senate win out on certain aspects, but it could be good for investors.The House bill taxes all passive investments at 25% (rentals are considered passive, unless you are a real estate professional as defined by the IRC).The Senate bill gives a 23% deduction on the flow through income of sole proprietorships, LLCs, and S-corporations.There is a lot more to all of this, but those seem to be pretty good changes for investors.
Samantha Miles
Seeking Advise: Funding Reno on a Master Lease Option
8 December 2017 | 3 replies
Depending on your area, Airbnb even pays for the photo session, If not a professional photo session shouldn’t cost more than $300-$400.. this investment is crucial because it doubles your bookings.
Tom Anderson
Help! Crime Scene Cleaning Co. Aftermath Inc. is asking for $48k
6 December 2019 | 49 replies
wow...For that price I'd consider doing it myself unless there's some law requiring professional cleaning.
Jean Smith
Inspection - Well/Septic/Chimney
6 December 2017 | 8 replies
The only lines they fill are the traps for the drains .
Jack B.
2/5 year primary residence IRS test
29 January 2019 | 23 replies
If you check the thread above - you will see other tax professionals confirming what I said. if you move out and rent but NEVER MOVE BACK - then it does not count as NQ.
William Crutcher
CPA+Attorney Cincinnati Reference?
5 December 2017 | 3 replies
@William Crutcher - I compiled a list of recent BP postings that requested a CPA in the Cincinnati Areahttps://www.biggerpockets.com/forums/81/topics/493...https://www.biggerpockets.com/forums/86/topics/144...https://www.biggerpockets.com/forums/51/topics/250...I compiled a list of recent BP Postings that requested a lawyer in the Cincinnati Areahttps://www.biggerpockets.com/forums/51/topics/416...https://www.biggerpockets.com/forums/51/topics/396...Feel free to reach out to the posts of the above postings on who they decided to go with and if they are satisfied with their services.You may also want to attend a local REIA and network with the professionals there and ask who they use as a CPAYou may want to open up your search to CPA's that work with clients remotely if you are unable to connect with a Local CPA.In the meantime - feel free to ask me any tax questions that you have.How many years did you live in the house before you went ahead with the rent to own and eventual sale?