Jay Hinrichs
CAlling BP CPA to write post to clarify new tax bill for landlord
@Mindy Jensen Mindy it would be great if you can twist one of the CPA on BP to do a nice post on the effects of the new tax bill.. as I know the threads will start to run wild with you can do this you cant do that....
Dave Newgass
Transfer on Death Deed and 502 Form
Hello,I recently inherited a house when my Step Dad passed away four months ago. In case it matters, the property is located in San Luis Obispo County. He did a Transfer on Death Deed so all we need to do now is com...
Sim Xing
Section 121 with LLC
I am an real estate agent and investor in CA. Me and my wife have bought a condo and used as our primary residence from 2016 to May 2021.
We rented the house out to tenants in May 2021.
In July 2022, we transferred ...
Ian W
Whats the best internet lead site that costs under $100/lead
Looking for a lead generating website that charges under $100/lead for exclusive leads. I want leads that only sell to one investor.
My Old House
Short Term Rental and 121 Exclusion
Dear Friends,
We purchased a 3 family house (with one title and one address) few months ago. We intend to occupy all 3 units in the house as our primary residence for more than two years.
Some of my family travel a...
Dan Gandee
HOLY SMOKES! I Owed $47K In Taxes!
PHONE RINGS...My wife who does our real estate brokerage accounting and investment business bookkeeping just called me to say we owe $47K in taxes...{heart stops}.BUT I didn't blink an eye because I understand the tru...
Aaron Winters
Exclusive v Non-Exclusive Buyer's Agent
I'm hoping to have an open discussion about the exclusivity practice by agents, specifically for investors. I fully appreciate the argument of wanting to get paid for work completed, so I'd like to frame this more aro...
Tony G
exclusive rights contract
what is an exclusive rights contract and when should exclusive rights contract be signed between myself and my agent? would it be at the beginning of my search or at closing, does it matter? if the agent were to make...
Luigi Ontiveros
Exlusive right to buy on a shortsale?
Hey guys,
Hope your days are going well.
Is there a form or addendum that gives you the specific right to buy a shortsale exclusively when putting in a cash offer to the bank? (if the bank accepts the offer of co...
Aaron Hunt
Can you gift part equity of a home each year to avoid gift tax?
Question for RE / tax gurus:If a property is worth $100k, can two parents gift 50% equity of a property to their child and their spouse in one calendar year (2018), and the remaining 50% of equity the following calend...