Chris Brackenbury
Long term capital gain avoidance without 1031?
Hi all,I am selling a ranch that was used as a rental held tenants in common and have very little basis since it was inherited long ago. I would like to reinvest all the proceeds (375k) into a local flip (owning secon...
Tim Aiken
Working toward improving my knowledge of Real Estate
New to BP and looking forward to learning much more about making money in Real Estate, I have 1 house in Royal Oak no cash flow this is a family house that I maintain for a impaired brother, I am 50% owner at his pass...
Joel O.
RE Partnership Structure
This is for those Real Estate attorneys or people who have experience with my question:My mother-in-law wants to partner with me on my next deal and wants to be a silent money partner in this deal.She has no plans on ...
Justin Kushner
Starting Out Setup... Bank Accounts, Credit Cards, Etc.
Hello, BP Community!I am close to acquiring my first two SFRs in Alabama, and will be adding one in Indy shortly for a total of three.While this is very exciting indeed, I am now getting overwhelmed with the concept o...
Mike D.
For the accountants out there
As someone who is about to graduate college with a degree in accounting, what path would you suggest taking with the end goal of owning/managing a real estate investment company?
One option is starting at a cpa firm ...
Lear R.
How to Account for Subject To
This is an accounting question, how would you do the accounting for a property acquired in a subject to transaction? How would you account for the monthly mortgage payments, also on the equity side how do you quantify...
Jeremy Holleb
Financing issue relating to covid-19 situation.
Hell everyone, unfortunately my job became a casualty of Covid-19. Leading up to the crash, I was ready to approach lenders to work on financing a Multi family deal. I have $230,000 sitting in my account but since I w...
Angelo Llamas
when to get CPA
quick question before investing is it prudent to find a CPA before acquiring a property or is after okay
Steve C.
CA land investment with 401K
I recently went to one meetup event from one investment group.They suggested to buy land in Southern California (Antelope Valley near Los Angeles) area. About 2.4 acres were sold as 4 units and you can buy 1 unit for ...
Siddiq Mumin
JuLooking for a seasoned REI CPA
I acquired a couple of rentals and have a Retail business. Pretty simple. I'd like to have a CPA in Los Angeles county that is familiar with real estate investing (and all the tax deductions and benefits that come wi...