Nur Al Sharif
Leasing to an Owned C-Corp which then leases to third party?
Hi all, I came across an article detailing why a C-Corp should never own property, but should opt to lease it instead. (https://www.thetaxadviser.com/issues/2018/sep/leas...) This led me to think of a scenario. Not s...
Derek Luttrell
Why is CapEx viewed as a percentage?
Hi Everyone, On the hunt for my third property, I've been running dozens of properties through our beloved BP calculator. What I've been wondering is, why would CapEx be seen as a percentage of any given rent? Whether...
Julie Groth
Contact Management Software
I searched the forums here but couldn't find this. In an effort to INCREASE my efficiency and to keep me of top of tasks that I know I should be doing but don't.
The 'efficiency and tracking' that I want to become ...
Joe Capobianco
New home owner filing tax return
I bought my primary home in may and this is the first time I’m going to be filing my tax returns that’s more than just my income from my job. I usually go to H&R block but wanted to try to find a local accountant ...
Rob Peluso
LLC Protection vs Real estate Land trust
I own 3 rental properties in different states and am looking to protect my personal assets. I thought that LLC would be my best option, but I've also been told that if the LLC is in you own name with you as the mana...
Costin I.
What should one use for the home basis value in a CSS?
My understanding in this matter, there are several options for selecting the home basis for a cost segregation study:
A. Property appraisal (if you have one).B. Tax Assessment – tax assessment for the property in que...
Kyle Buyers
Newbie from SF Bay Area / Silicon Valley, CA - Kyle Buyers
Hello Everyone,I found BP a few weeks ago and have been voraciously reading and listening as much as I can since. I’m hoping to (1) introduce myself, and (2) get some guidance/wisdom on my current situation.First off,...
Megan Phillips
What info. to get from Seller prior to closing?
Hi All,Under contract for a property, as part of due diligence, what are recommended documents/information that I should review before closing.Inspection is happening tomorrow, and I have visited the property.I have a...
Glenn English
Should I spend the money on upgrading heat and a/c?
Just bought my first investment single family in Mass. It's a 1600 sq ft single family built in 1900. It has a steam boiler fueled by oil. Big radiators around the house so ideally I'd like to get rid of those, but...
Jay Y.
City wants site plans despite permit not needed
Hi all,A friend has a house within in the city of Roswell GA and had a couple retaining walls built and concrete poured. Walls under 30 inches doesn't require permitting. City issued a stop work order but later admite...