Jason Merchey
multifamily syndications - the good, the bad, the ugly...
Who are the biggest and/or most successful multifamily syndicators out there in the world, or on BP? Anyone heard of any syndicators to stay away from, or who have had to make significant or repeated capital calls, or...
Abdenour Achab
How do you report income due to discount element in TurboTax ?
Hello,I am doing my taxes right now and, under the "PERSONAL" category, I see "Interest and Dividends", under which there is "Interest from Seller Financed Loans". I reported the interest I earned from my notes there....
Wesley Adams
ISO Recommendations for CPA with Syndication Experience.
Hello,
Here shortly I intend to transition from SFH's into a more passive role with syndications. I'm looking for a CPA that can help me understand what to expect regarding taxes when I sell my SFH as well as in the...
Account Closed
Moving from innovative startups to real estate
What are some tips for a business investor experienced in high risk startups shifting into real estate investment? How drastically do they differ, what are some of the most transferable skills between either?
Adam L.
How to do taxes for LLC created to buy "limited partner" shares?
So I and 2 friends created a TX LLC for the purpose of meeting a $100k minimum to join as Limited Partners of an LLC that bought a multi-million dollar, 200 unit apartment complex in Atlanta Georgia. We did this in F...
Matt M Antonio
How do you calculate NOI and Cap Rate? *Fun Exercise*
I been seeing a lot of articles/YT Vids with different ways they calculate their net operating income and capitalization rate. I will give a screenshot with numbers below and see how your conclusion varies.
Two ques...
Blaine Chapman
Transferring Property from and S-Corp
Hello all,This is my first post here on BP. I've been perusing for a bit and haven't found the exact answer I am looking for. Here is my situation:I have a business in Georgia, registered as an S-Corp, and that S-Corp...
Clark Harbaugh
How to minimize taxes when dissolving partnership
We are starting the process of dissolving our investment business (LLC) that has two partners. We know we have to sell 1 property, but the rest will probably be distributed equally. My question is when we sell the pr...
Karen Moysi
Capital Gains
If I know I'm going to have capital gains , would it be best to spend the money that's going towards tax on the gain or spend the money on capital improvements to bring up the cost basis?
Josh Mayfield
Guidance on Duplex Purchase
I'm in Spokane, WA and like many other markets, single and multi-family property prices are high. I purchased a duplex last year that was priced about $20k less than similar properties ($385,000). I admit that I was e...