Good Day BP Fam,So this is my first post, so I'll give some background. I'm active duty military, transitioning out to civilian life later this year. I'm in the final part of obtaining my agent license, about to sched...
Hi All! I am wrapping up tax prep on my extension for 2018. I am thinking creative thoughts about how to handle the real estate flip project that we began in 2018 and completed in 2019. Let me know how you all thin...
Hi there,
I was a Texas resident last year and purchased a primary residence (duplex) in California which I didn't move into until this year (2021). Usually my dad does my taxes as they are really straight forward, ...
I know this is a difficult question with no concrete answer... from the experienced park operators - when evaluating a property what type of attrition would you expect (should factor in) from tenant owned homes?
I’m looking at purchasing a home in my college town. I'm a 21-year old college student from NY. I will live in one of the 5 bedrooms and rent out the other 4 to friends. I have been pre-approved with a local bank to p...
Hello BP, thanks for reading my post and the helpful responses I always get!I currently have a single-family rental in the market I live in, Columbus, GA. I purchased this home in 2017 and lived in it as my primary un...
I just finished the “Tax Strategies for Savvy Real Estate Investors” book that was recommended - Loved the book and I got several good ideas from it. Reminds me of the saying “you don’t know what you don’t know”.I hav...
Hello, I’m new to the site and to this kind of investing. I am trying to find a CPA to help with 1031 tax considerations, and preferably military situations. We just sold a home in Hawaii, are now residents of Florida...
Investment Info:
Single-family residence other investment.
Purchase price: $240,000
Cash invested: $45,000
Sale price: $392,000
This was a house hack. 5% down, major kitchen remodel, light bath r...
I'm a relatively new real estate investor. My question is simple. Given my current situation, is it worth it to spend the money to hire a CPA to do my taxes. I own my home and one investment property which was rented ...