My partners and I have a piece of land almost ready for permitting for a multifamily.  Our agent wants us to counter much higher take a chunk down and carry $4MM @ 10% until the construction loan or a deadline we defi...

I hope this message finds you well. I wanted to update you on the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA).
As you may be aware, on December 3, 2024, th...

I may be going through my first eviction. My tenant called me a month in advance to let me know that they would be late on the rent for this month. I agreed to extend rent for one month only, and then the deadline pas...

Hi there BP family!
Looking for some advice. Towards the end of last year I used the BP tax pro finder and began working with a tax pro in January to file 2023 taxes and go over tax strategy. I’m just starting my RE ...

I have an HSA through my employer and I would like to do an out pocket contribution this year (2021) to make up for not hitting the max limit for last year (2020). Since I have already filed my taxes for 2020 a couple...

Brandon Hall, Amanda Han, @Jim Kennedy and any other real estate CPA's out there who would like to chime in.I had always done my taxes myself with TurboTax. Last year I decided to use an accountant who has a sizeable ...

I am an out of state investor (live in CA) and currently invest in two different states (outside of CA). I created a Wyoming LLC and would love your thoughts on the following:
- Do I need to foreign file in each of t...

Does anyone in the Saginaw, Bay City, Midland (Michigan) areas have any recommendations for a CPA who knows real estate investing? I usually do my own taxes, but this time I have an LLC and it's become much too compli...

I am interested in purchasing a MFR that has a substantial amount of personal property associated with it.  I am in IL and the owner pays for the TAX at the time of closing and I feel that the Taxes are high in compar...

I am a limited partner in several syndications in Kentucky, Texas and Georgia. I am a Michigan resident. I receive a K-1 for all 3 for my federal taxes. Will I need to file a Georgia and Kentucky state income tax retu...