JD Barrera
Taxes from personal residence to house hacking to rental
Hi everyone, I have a question about taxes. I know I need to talk to a CPA about this really, and I will, just wanted to hear form the community also.. so here is the deal: I am under contract right now on a 3/2 town...
Renard Miller
Real Estate CPA With A Personal Touch
My wife and I need a CPA with real estate expertise. We have explored a few options, but we haven't found a good fit yet. We currently have 18 units, so we need someone for whom that is not too small a number to be bo...
John Hole
De Minimis Safe Harbor or Safe Harbor for Small Taxpayers
I just replaced a refrigerator in my rental last year. The cost of the fridge was more than the $2500 ( $2499 + tax + shipping). Assuming that it is the only expense I have for my rental, can I expense the cost of t...
James Emerson
First time buyer pre approved for 240k where do I buy?
Hi everyone,Hope all is well,New member to BiggerPockets here but long time viewer. I'm looking to purchase my first investment property in the next few months and wanted to get some guidance / opinions.I'm not from t...
Brad Seidel
1099 for 5 year cant get financing
My brother in law is trying to find a way into his first home that he wants to live in and cash flow. However his situation is a tad un-ortodox.
Positives:
Has 83k savedThis will be his first homeMakes around 110k p...
Brandon Tarby
Looking for my FIRST MHP - Things to look for?
I'm looking to purchase my first MHP, what are some things you wish you knew heading into your first purchase? Questions to ask, financing options, things to look for, etc. Was your first MHP close by, or remote? I'm ...
Michael Albaum
Cost Segregation Companies
Hi BP,
I'm looking for some great recommendations for cost seg companies that are nationwide or do work in Cincinnati OH. Thanks so much!
Joe Sampson
How to calculate "purchase price" of a BRRR? Depreciation?
I'm going to be getting my money out of my first BRRR this week & am hoping to have the next under contract this afternoon.
My question is how does one calculate the "purchase price" for the BRRR and if we have a...
Laxman Molugu
Tried self Filing taxes for 1065 for Rental Property LLCs?
I am curious to see if anyone tried self Filing taxes for 1065 for Rental Property LLCs? My CPA is ripping me for several years without much help. Any suggestions, please?
Laxman
Jose Leandro Gobea
Deduction related with the purchase of a property
Hello guys, I have a question. When I buy a property how much can I deduct in average from that purchase for that year or what thing related to that purchase can be deducted.. ( example: the down payment?) Also, ca...