I bought a home with 10% down using a conventional loan. It was owner-occupant deal from the bank (not FHA). I have lived in this home for about a month or so now, but found a better property 10 miles away - and I wou...
Is there a way to use 401k saving to invest with out getting taxed so much??
I've read a lot about how depreciation helps when you own a small apartment complex. How does depreciation work when you are a passive investor in a syndication? Do passive investor get the benefit of yearly depreciat...
Hi All-
So I purchased my first rental property 2 years old. New construction townhome. My question is about Tax write offs. So my account has told me to not take the yearly depreciation on the property for my taxes...
I would like to hire a bookkeeper to set up QBs for my business. I have 7 properties and 22 tenants. How much should I expect to pay for the service? What should it include? What will I need? How long should it tak...
I listened to a BP pod cast last month and someone said if your business is to flip homes, you do not need to pay capital gains tax for less than 12 months. I mentioned this to my CPA and they were not aware of any s...
I have started looking into wholesaling as a means to helping me fast track my savings goal and help get experience within real estate investing. I understand that wholesaling gives people with little money, extra tim...
Many activities associated with real estate have characteristics of both "investing" and "business". Certainly a passive investor in a real estate limited partnership is an investor. A real estate broker acting as a...
Hello my name is Ryan mainwaring, I recently joined bp after talking with a co worker about real estate investing. I am currently a project manager in IT, looking to invest in my first flip in 43232, 43123, 43068, 432...
My mother and I purchased a rental property last year, we are 50/50 owners. We paid cash for property at 22k, put some work and money into it, and it's been valued by the auditor at around 45k before improvements (how...