Ilene R Vanabbema
Do I put my buildings my restaurant is located in in an LLC
I own a restaurant/bar in two buildings. I it's been open 11 years. I just set up the restaurant in a s corporation from an LLC. Right now the buildings are in my name and rented from me by my restaurant. I getting m...
Ryan Prichard
63 Unit Syndication & Scaling
BP Fam, please overwhelm me with your inputs. I'm looking to use my SOI, our 100+ agents in the office, lender network, and their connections to fundraise an upcoming purchase. Our team is fundraising either a full $4...
Matt F.
Broken Window
Hello All,One of my rentals has a broken window, and of course the tenant does not know how it happened. It looks like something was thrown at the window. I was planning on making them pay for the repair, but wanted t...
Doug Vigliano
Lease-Options in Texas
I've hear that Lease Options is an issue in Texas? I am moving out to Austin next summer due to work and was hoping to find a property to rent but also see if the property owner would offer an option to buy. Is this...
Bob Couture
Quickbooks - Lost in the Sauce
How do you structure your Quickbooks for real estate investing? More specifically, how do you track profit and expenses for each property (by classes? customers? rentals?) What is a good resource for Quickbooks that i...
Cam Jimmy
BRRRR Tax question - Stepping up basis
When you complete a BRRRR, can you elect to have all of your expenses of the renovations be added to the basis of the house?For example - you buy a house for $100,000, and put $50,000 into it (Including repairs, maint...
Callaway Pate
Different MTR Guest Pools
Hey BP family!I am curious about different medium-term renter pools in the DC-Metro area. It's common that people bring up travel nurses and insurance placements, but in the DMV are there any other occupations or scen...
Katrina Dividina
Looking for Real Estate Bookeeper and CPA in New Mexico
Hi,I am looking for a RE CPA hopefully with bookkeeping service as well. I need to do cost segregation and someone who can explain to me how I can get as much tax deductions every year. I am doing my bookkeeping by my...
Account Closed
W2 vs. 1099 Income for mortgages
What is the best way to qualify for a mortgage with 1099 income? How can you make it look like W2 income to banks?
Shawn Ackerman
Counter Offer "Winter Weatherization Standard" Milwaukee WI
Soooo, I have a duplex that I put an offer in on. The buyer countered to add this language in the counter offer;1. EM to be paid to title company 3 days after acceptance (No Problem)2. Counter offer should read "buy...