Renee H.
A cornucopia of tax questions - please help!
4 October 2021 | 4 replies
Unfortunately, I’ve only just come to realize that my CPA is not very proficient in real estate and doesn’t know all the details, making it much more complicated to file taxes now with me doing lots of research.
Alex Forest
Supply increase coming
2 October 2021 | 2 replies
You have to use the (4) month benchmark because it takes (120) days for the Lis Pendens to be filed to start the foreclosure process.
Keleisha Carter
Commercial lender in Myrtle Beach… for short term rental
2 October 2021 | 1 reply
Only have 1 year of tax return for self employment and when I file taxes in January, I will have a full 2 year for self employment tax returns.
Christina Marie Carnuccio
401(k) Withdrawal for first property/ Tax Withholding
5 November 2021 | 5 replies
Oftentimes, it can be done in a matter of days if you are rolling to an IRA at the same brokerage firm, but if depends on your plan documents and what they require.If you roll to an IRA, you'll still need to pay taxes (and an early withdrawal penalty if you are younger than 59.5 years old) when you file next year (or when you pay quarterly taxes), but you generally aren't required to withhold at the time of the IRA withdrawal.
John Teachout
Tenant moves out and takes over and above.
3 October 2021 | 2 replies
I had filed an eviction on an inherited month to month tenant for non-payment (late on rent 16 out of 18 months) and also gave them a 60 day notice to vacate at the same time I had filed the pay/quit notice.
Nader Hachem
Real Estate Vs Other Investments
29 December 2021 | 10 replies
Last year, I grew my net worth over $300,000, but when I file my taxes, I'll show a loss.
Sam Fickel
Running numbers before paying
4 October 2021 | 18 replies
@Sam Fickel look in the files section of bp.
Jonathan Small
Feedback Request from Recent Atlanta Investors
9 October 2021 | 10 replies
Not the 1% of a few years ago, but with rent increases in coming years owning rentals in Atlanta area will do yoiu well.Read my paper on my buy and hold business model as a help; See my BP profile, 1st paragraph, file called: Buying a bullet proof rental portfolio.
Matthew Chalfant
Taxes on Duplex in Bell County
3 October 2021 | 1 reply
I always suggest you make sure with the county tax assessor and tax appraisal district that you have a good mailing address on file with them.
Daniel Grantz
Full time real estate investor financing?
14 October 2021 | 6 replies
Best bet is to find someone you want to work with and get on the phone with them so they can get more info about your situation and find the best loan product for your goals and situation.Make sure you get your files together:Tax returns, business and personalmortgage statements for each propertyProperty tax statements for each propertyInsurance declaration page for each propertyBusiness entity formation docs P&L of your income and expensesGood luck!