Justin Ossola
Cost Seg in 2024
13 March 2024 | 4 replies
I've previously found cost segregation studies to be highly beneficial, particularly as a strategy to offset taxable income from both my full-time employment and rental properties.
Nick Mercurio
We Need a Real Estate CPA in Southern California!
11 March 2024 | 15 replies
I don't think it affects the quality of the work so much as it does that you don't get to know the person as well.
Chad Herring
First time questions regarding lending money for fix and flip*
13 March 2024 | 26 replies
I would highly recommend that you speak with an attorney that does this on a regular basis to ensure you are protected and to ensure the loan docs are legally binding - the loan docs are of course key to ensure that you have documents you can execute on in the event of a default (mortgage, note, assignment of rents, personal guarantee, etc.).
Joshua Post
New to REI. Nervous, should I get training?
15 March 2024 | 17 replies
Assuming you don’t mind moving and can save the down payment and your cost of entry isn’t too high like a few places are.
Seallington Touch
TAX Professional/CPA and LLC
11 March 2024 | 10 replies
Hey @Seallington Touch, Given we are accountants, we cannot promote our services on BP as its against the rules.To help in your search:be sure to find an accountant who is willing to grow with you, and is not too high priced fee-wise.
Helena Nouzovsky
Individual vs company
13 March 2024 | 2 replies
I would highly consider using a reputable company and opt for a Debt Service Coverage Ratio (DSCR) loan for a rental property for several reasons.
Pedro Magallanes
Strategies for New Investors
12 March 2024 | 13 replies
Instead, I would focus on buying the best quality properties you can afford in areas where you can't miss for the most part.
Mario Richardson
Home Owner Insurance
13 March 2024 | 4 replies
HelloMy mom is a retired Floridian/law enforcement officer who is now getting bit by the Fl home insurance bug...high rates.
Cameron Goodall
The SFH vs Townhome Dilemma
14 March 2024 | 9 replies
The thing is, it’s rare to find a SFH in my target markets that fit my buy box because of either high prices or condition being a bit too distressed for what I’m comfortable taking on as a first purchase and having no experience in rehabbing a home.
Paul Green
Chapter 13 2 years after dissmissal
13 March 2024 | 6 replies
So your rates will be high and term short.Good luck.