Hello fellow investors,In 2016 I got audited by the IRS, and it got started due to my real estate investing activities. This was a full-blown FIELD AUDIT, where they went through everything of mine. I have lots of bus...
This past weekend we had two different applications for two different properties that had one thing in common. Both applicants submitted totally fake W-2s. You can’t just rely on automated screenings. You really need...
Afternoon all :) Appreciate everyone's help in advance. Would like some advice on how to minimize my tax liability by setting up a company.I own a primary home in CA, and out of state SFRs. Everything is under my ...
I live in Niles, Illinois and my parents pay a good amount of property taxes every year. I got a mail that says I should have this company appeal for my taxes and save over $2000 every year in property tax. Is this l...
Hi BP Community,I could use some advise on options available for retirement accounts from past employers. I do have a few accounts available and I think it's fairly easy to rollover into a Self Directed IRA using a cu...
Hi all!Hoping for a little guidance here. I am small time but growing. I currently own 2 SFH rentals but will soon have 5 rental units within 4 properties, plus a 5th property that I'll be flipping (to build additiona...
When doing the brrrr method can you write off your rehab cost on your taxes
I have out of state properties that I visit 1-2x per year to either have a meeting with the Property Manager or conduct a walk-through if there is no property manager.
If I use reward points for the flight/hotel/re...
Hey guys, I am new to Bigger Pockets and I am so glad that I found it. I am new to the world of RE investing and in fact still in the educational part of it. Complete a first deal in the next 3-6 months is a personal ...