We are bidding out this project and I am looking to get some feedback about what questions I should ask the Civil Engineer Firm prior to selecting them?We have architect lined up, land about to go under contract has u...
How do I determine the value for tax purposes of an equity investment when transferring ownership from a Solo401K to a Roth account? If I invest $100K in an equity deal (syndicated or crowdfunded) using my Solo401K a...
There was a thread on the board by @Nancy Neville on the general topic of 1099misc. Apparently it got zapped somehow by the moderators as I can't now find it anymore. I do have a side-question related to that topic ...
If I pay a contractor for work performed should he give me a receipt or do I 1099 him? He uses his own tools and I give no training or anything. Thanks
I apologise if this is miss subjected... I am currently a tenet in the upper apartment of a two apartment home. I would consider it to be a small two bedroom. I live in New York so our winters are pretty cold, bu...
we are purchasing a 16 door unit. Received loan docs and there are the following conditions. Wondering if this is normal as its our first commercial loan. Provide yearly tax returnsProvide leases and tenants informa...
Hello Bigger Pockets. My name is Craig Mitnick and I live in Manhattan, NY. I currently work for one of the Big 4 Accounting Firms in Manhattan in the audit function. I enjoy learning about new companies and assist...
Here is my issue: I have money in my IRA, but I want to be able to invest and utilize the cash flow generated now. I believe if I self direct my IRA to invest in real estate all the profits have to go back into the IR...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $8,001
Cash invested: $34,500
I am holding on to this property for a rental. If I were to sale it it would sale for...
I'm working through some tax prep, and was trying to get to a depreciation value to use on secondary that I converted to a rental. The value assessed by the county is easy to find/use, but my property is worth more th...