Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here
Pick markets, find deals, analyze and manage properties. Try BiggerPockets PRO.
x
Results (10,000+)
Noah Clark NY/NJ Newbie and CPA Advice
13 March 2024 | 13 replies
For example, there are plenty of people, including accountants, trying to sell their services on BP (granted with various competencies...).Even if you did a "sales" job, there is still paperwork and analysis to be done.  
Amador Abreu Potentially dangerous eviction - Seeking Advice
12 March 2024 | 22 replies
If you haven't already, a professional eviction service might offer additional strategies for dealing with difficult tenants and can coordinate with law enforcement to ensure safe access for inspection.Hiring private security for a short period post-eviction can help ensure safety.
Sean Petrie Bad time with rates and prices!?
13 March 2024 | 11 replies
I am still actively acquiring more.
Lauren L Pokladnik Set to Inherit San Diego property: Build, Rent, or Sell?
13 March 2024 | 7 replies
Hey Lauren, I am a developer in San Diego and pretty active in the market.
George Red Flipping actvity in KC Missouri between 75th-85th and Troost-Prospect?
12 March 2024 | 4 replies
Hey all, remote investor here that has some property in 64132 and it looks like (online listings anyway) that there is a decent amount of flip activity happening between 75th and 85th between Troost and Prospect in south KC.
John Cook CPA and Legal
13 March 2024 | 13 replies
BiggerPockets rules explicitly prohibit us from offering our services, not publicly and not privately.
Josh Schaap Driving for Dollars - Direct Mail Campaign Advice
13 March 2024 | 11 replies
Looking to do around 100 for the my first campaign.There are service providers in the market to do direct mailing much much more efficient and better than you do it personally.
Rudie Johnson Loan officer wants to sell his investment property
12 March 2024 | 1 reply
Can the MLO recommend buyers to use his broker services on the listing to find lender?
Stacy Gomez Legal Set-up for multiple properties in 3 different states
13 March 2024 | 2 replies
While we are actively working on our personal trust...
David Ounanian What tax benefits or implications should I be aware of as a real estate investor?
12 March 2024 | 4 replies
.- Understand passive activity loss rules limiting deduction of losses from passive activities.Capital Gains Taxes- Be aware of tax implications when selling property, considering short-term and long-term rates.- Explore strategies like 1031 exchanges to defer capital gains taxes.Deductions and Expenses- Know eligible deductions: mortgage interest, property taxes, insurance, maintenance, and management fees.- Maintain detailed records of all real estate-related expenses.- Use cost segregation studies to expedite depreciation of your properties to offset large income gains.Entity Structure- Choose appropriate legal structure (LLC, partnership, or S corporation) with consideration for different tax implications.Tax Credits- Explore available credits, like energy-efficient or historic rehabilitation credits.Qualified Business Income (QBI) Deduction- Check eligibility for QBI deduction, providing up to a 20% deduction on qualified business income.Record Keeping- Keep accurate and organized records for tax compliance and audits.State and Local Taxes- Consider varying state and local tax implications, including property and income tax rates.Tax Planning- Engage in proactive tax planning, consulting with professionals for a comprehensive strategy.Tax Changes- Stay informed about changes in federal, state, and local tax laws affecting real estate investments.Remember to consult a real estate tax professional for personalized advice based on your specific situation.