Hi All - my new tax accountant is recommending that all future rehab jobs have a line-by-line itemized estimate for her purposes. I ran this by both my mentor and one of my contractors and they pushed back saying tha...
I recently finished construction on an 8 unit apartment building and it contains a mixture of 5, 15, & 27.5 year property. My question is, I have invoices for what those specific items cost so do I still have to h...
Hi Team,I recently got "Guesty for host" subscription. While it works like a charm with Airbnb I have a really hard time getting it to work with VRBO.Has anyone had a similar issue? how did they find the resolution fo...
Hello BP!!!I am very excited to finally come out and introduce myself here. After lurking in the shadows over the summer reading books, analyzing deals and listening to all of the podcasts, I am ready to dive in. My g...
I am talking with my accountant about the mechanics of a cost segregation study on two duplexes purchased in 2022. He has asked for fair market values for items that will be included in the study (ex: roof, water heat...
Often times, a company trying to raise money from investors will have a hard time raising money from their current network. It’s at this point they call me and say
“Can we advertise?”
Generally speaking, no.
Under...
I currently own a rental property. The amount I owe is more than the house is now worth. The income rent is less than the mortgage payment. The house is over 120 years old. And the current tenents have trashed the hou...
As part of a study a colleague from this site and I are doing on LLC’s vs. Sole Propriety legalities here: http://www.biggerpockets.com/forums/52/topics/75182
I am wondering if anyone can recommend liability insuranc...
Good Morning All,
I'm still in the process of getting my new team together since the move to DE. I think I found a good GC etc so now I'm looking for my professional advisors.
Can anyone recommend any a...
So I will begin by saying I have already spoke with my CPA regarding this. I am here for second opinions from other wise investors and CPAs. I purchased a home 9 months ago to live in with my wife. Shortly after I bou...