Account Closed
First investment: SFH house hack vs out of state investing
Hey BP!
I’m just getting into the real estate investing world and have had a blast bridging my learning curve so far. My girlfriend and I have discussed getting married and beginning the REI journey. We live in a h...
Charit P.
Taxes on multi-family syndication
Hoping someone with syndication and tax knowledge can answer my question. My first LP multi-family syndication deal sold for a profit in 2022. When I sum up the tax losses claimed during the first 2 years of the deal ...
Daniel Baker
Questions to ask.
Hi everyone! Looking to hire a professional to help with my taxes this year, i've always done them myself but fear I'm leaving money on the table. I have a w-2 income and own three properties, all long term rentals, t...
Patrick Flanagan
Tips on stellar book keeping
Hello,I need some help on book keeping. I went from 0-6 units in 6 months. I did all my research on how to find the deals, analyzing the deals , learning how to find right property managers, setting future goals on wh...
Account Closed
do you check your CPA's tax filing documents?
I never looked at the files that my CPA was submitting for me. Now I started to look for the previous returns and I've noticed that the stock transactions were not reported and several other small things. This presuma...
Quota Thornton
Analyzing A Property
Hello! I know that during analysis to get the NOI you take the rental income and subtract the operating expenses. Then to get your monthly cash flow you take the NOI and subtract the mortgage. Aren’t taxes and insuran...
Jamil Barton
Do I need a CPA yet?
Next week, I am closing on my first property. I will be house hacking, living in one unit and renting out the other two. The structure will need some initial work, between some repairs and some improvements, which wil...
Jennifer Pascon
Accountant with Real Estate experience - Dallas
Hello!I recently moved to north of Dallas metropolitan area and I am looking for an accountant and a lawyer with real state investment experience across estates. I currently have properties in the state of Washington ...
David Murphy
How long do you save 5% for Vacancies, Capex, & Repairs
I have been using the 4-Square method for analyzing rental properties for a couple of months. My question is at what point in time to you feel that you no longer need to stash 15% per month in savings for repairs for...
David Meyer
Business Structure Advice
Hello everyone,
I am a REALTOR in Virginia Beach and am starting to get into my own personal investing. I am currently putting my team together (lawyer, accountant, contractors, etc.) and am now at the point of cho...