Investment Info:
Single-family residence wholesale investment.
Purchase price: $90,000
Sale price: $95,000
Lead came from another wholesaler in the area who couldn't close it. We were prepared to fli...
Anyone have a good CPA recommendation in North Carolina to do rental and personal returns? Need to switch due to scaling up this year.
Hello Everyone! I’m planning on creating an LLC with a friend who is not a US Resident yet. He has a work permit, a stable job, and a good FICO credit score. The idea is to start buying properties under that LLC.My qu...
Hi, I'm a bit new to landlording/investing and I'm just trying to get mentally prepared for some fun tax filing next spring. Wondering if I may ask a couple general questions to the wonderful community here. In unchar...
Hello Bigger Pockets! I'm a 24 year old software engineer living in Austin Texas, and am looking to do a multi-family house hack in September and begin my real-estate journey. It is currently 2/1/2020 and my lease exp...
I live in Washington near the border to Idaho. I'm interested in investing in Idaho, but I have zero experience with Idaho taxes (or state income tax at all for that matter).Questions:I've heard that property taxes i...
I'm buying a property where the owner, whose the daughter and sole child of the original owner, inherited the property from her Father via will. She herself died a few years later. House is in NJ but the daughter died...
Hello Everyone,
I am preparing to start my first LLC and I have a few questions:
- Should I use a tax lawyer or a CPA to make sure everything is done correctly? If yes, do they need to reside in the same state as th...
Hi everyone,I am looking for some insight on how to best prepare to keep my current residence as an investment property. I’ll most likely be moving in about 2 years and I’d like to use this as a rental property if pos...
Merry Christmas and Happy New Year BP Family! Has any house hackers run into issues getting a conventional loan for a new/primary residence due to taking a loss on prior years tax filing on multiunit? Otherwise consid...