when doing a wholesale, either assigning or double escrow, we have the option to choose 3.3% of the sales price or 12.3% of your profit. I don't have an LLC and this is the state of California. Anyone have any other i...

I have question regarding bonus depreciation related to one transaction and the sales proceeds of a different property. I will use simple numbers for this question, assume everything transacts in the same year (2022),...

My business partner and I purchased a house two years ago in an LLC we co-own.
He does not want the house and I want to improve and live in it. We have agreed that I would buy him out at the price that he initially p...

Hi name is Mike, I am new to the investing world and BiggerPockets.  I have a question about starting a partnership.  So first, just a quick rundown of our situation.  I live in Cleveland and I am partnering with my b...

Its LLC entity, will issue K-1 for each partners.

Passive income for passive partners - Should it be categorized as ordinary income just as the active partner, or should be short term capital gain? The project is a f...

For years I have read about real estate investing but never had the funds to get the ball rolling. I finally had some extras cash laying around and needed to put it somewhere so I decided to pull the trigger and buy m...

First off, I realize nobody here is going to give CPA services for free.  I am attempting get an idea of my taxes and found I am positive on my rental properties.  So I am wondering how real estate produces a negative...

I picked up a 3/1 SFH in Columbus, OH in October '21 for $82k that had a den that just needed a closet to become an instant 4/1. Original cash flow after a 75% cash-out refi was calculated to have been around $217/mo ...

Question for the RE CPA's: If I have a deal where I am the sponsor and invest no equity, while my investors invest 100% of the equity, and we agree to split cash flows (let's say 50/50). Our first cash distribution co...

We are looking to diversify part of our portfolio and we are looking into some passive investing options in commercial real estate. There will be a 1031 exchange involved. What types of passive investing do you favor ...