Hi,
I'm getting conflicting advice from two CPAs and was wondering if anyone cares to chime in. Here is the situation. My primary residence is paid off and I want to tap into the equity in order to acquire rental re...
In talking with a close friend of mine about my personal real estate investments in 2018 he informed me that he and his wife are seriously considering investing in real estate as opposed to funding a 529 plan for thei...
Hello ATL BP Community!
I’m looking to establish my LLC in preparation for a future career in real estate development. I’m interested primarily in investment, specifically commercial property Intown.
Does anyone hav...
Looking to get started investing but don’t have millions of dollars and notice there’s not a lot of opportunity in your market? Well, this is the episode for you! Today’s guest is a long-distance investor who uses the...
Hey all, I think I'm heading the right direction on this deal, but wanted to ask the community to point out any flaws or issues. THE DEAL36 acres, 6 cabins next to national forest in western NC. (there's an "office bu...
Hi BP,
Can I get copy of an operating agreement as an example? I’m looking to invest with a friend of mine an we want to set things straight from the get go.
If there are examples on here already. Just direct me to ...
Before the new tax law, the interest on up to $1 million on a mortgage secured by a primary residence could be deducted on scheduled A. Likewise, the interest on HELOC up to $100k could be deducted in the same way. I...
I am curious what tax strategies people are planning to use to avoid the $10,000 cap on deducting property tax on a primary residence.Has anyone considered quitclaiming a primary into an LLC and then renting that prop...
Our perceptions of work and life have changed significantly over the past year. While we once had a clear distinction between the two, now, we have a blurred line barely separating them. For some, this has made their ...
Cost segregation utilizes the MACRS approach. The key is to identify personal property from real property. Tangible personal property identified in a cost segregation study is what allows you to accelerate depreciatio...