Josef Torkelsen
Tax on home versus rental
Appreciate if someone can help give guidance on our situation. We will seek CPA guidance before we actually commit. We currently own a single family home in Orange County. It is too big for our needs and we are on wit...
Lindsey Ceane
Negative Cash Flow with Cash Out
Hello All,
I have a duplex that is paid off and purchased when I wasn't familiar with crunching all of the necessary numbers from the start (i.e. Cap Ex., vacancy rates, etc.). When I evaluate this property and cons...
Alex Silang
Working two jobs to acquire real estate?
A recent BP podcast guest talked about working two jobs so he could acquire more real estate. Any thoughts on this? What sort of job would you choose?
I think with an issue with this is that a house is a big item. I...
Connie McGinnis-Loftin
Day to day operation of STR/LTR not under business LLC
Can a person use their LLC to run the day-to-day operation example, pay expenses, vendors, contractors, purchase supplies, receive revenue, etc., even if the properties are not owned by the LLC?Thanks
Ryan Billingsley
Give thanks to Bigger Pockets!
Looking back on my journey so far with real estate investing, I can't imagine how I would have survived without the help from this website, Bigger Pockets! I discovered the passion for real estate investing early las...
Chris Bruce
What is the best way to raise capital?
I am new to the site.Whats best way to raise capital towards multifamily homes? I already own 3 but need capital to buy more properties.Im not asking familyI don't have access to LOC or HELOC.I am not borrowing hard m...
Matt Gray
Hello BiggerPockets!
Good Day All!My name is Matt and I'm glad to be a new member of this site. I see a lot of opportunities here and I hope to contribute as well as learn from you all. A little about me- I'm 27 years old and real esta...
Brett Russell
Quick question for the agents out there (unrelated to investing)
So, my wife and I have plans to tear down our current house and rebuild on the lot at some point in the relatively near future. As we think about our needs/wants and what we don't want, we feel we would benefit gr...
Craig McLaughlin
Cedar Rapids accountant / tax person?
2020 was my first year owning investment property. I would love to meet with and hire a good accountant and /or tax professional who specializes in real estate investing. Previously, I had always used TurboTax for my...
Jordan Bradberry
Realesate Taxes for 2019
I have two rental properties.I own a condo that I rent & I rent one side of my Duplex. Please tell me some tax write offs I could leverage.I