I am currently trying to learn the basics of real estate investing. For a start, I'm about to read Brandon Turner's "How to Invest in Real Estate: The Ultimate Beginner's Guide to Getting Started". Up next in my readi...

Mornin' BP. I'm new to the site and new to REI but this community has been fantastic already. Quick background. MD raised, residing in Fort Worth, TX now. USAFA grad, spent several years deploying and flying for the A...

Good evening BP community!I recently started doing business as a RE investor and I would like to hear from other investors out there your thoughts about filing taxes as an LLC vs an S-Corp. Taking in consideration tha...

my current cpa has been in the business for 40+ years.  He’s about 70-75 or so.  This year I just felt like it’s complicated to keep up with my invoices and give him itemized numbers.   he wants it broken down specifi...

I have some fun accounting questions I'm hoping someone can answer.

So I'm pretty sure when I purchase a house to flip, it is recorded as inventory, then expensed as cost of goods sold when the house is sold....

In my own words...
Active member in the private sector of cash flow notes. Currently mentor to over 100 nation wide students whom target local clean notes and we market them back to the buyers at discounted prices. Cu...

Hi BP nation,
I'm looking to hire an experienced RE Accountant as an advisor and tax preparer for a new RE Private Equity firm that I am founding with my business partner. We plan on investing in Commercial Real Esta...

Does it make sense to have multiple homes under  one limited Liability corp. or do you need to have more than one LLC to hold the homes? What are the risks if you just have one LLC hold all the houses? I hold three LL...

I recently purchased a small property management company and looking at buying another one here in Denver, Colorado. Does anyone have experience in purchasing a property management company? I would love to hear your v...

Hi,Currently, I manage my rentals myself.  Do I need to QCD them to a LLC?  Or do I need separate LLC for each rental?  Any pros and cons?  Even with LLC, can I still do taxes in 1040 Schedule E?