I am an RE investor with an LLC, can I run my business as an agent through the same LLC? By doing so, would I be able to invest agent income into real estate “pre-tax”? Sorry if this is a dumb question, this is my fir...
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Hello!
Reposting this because I just realized there is a section committed SPECIFICALLY to Tax Questions.
I currently have a 2BR/2BA Condo that I am house hacking, renting out the secondary bedroom and using that in...
Hey BP! I made a similar post about file sharing but now am looking at suggestions where people track finances, in particular their income and expenses. Do you have a one stop shop for all your finances, do you use it...
When you start something new (a new rent collection software, new method for maintenance requests, etc.) how specifically do you go about getting your tenants up to speed? Do you do a tutorial? Tell them to figure it ...
I recently bought a house that needs some renovation. I could flip it or rent it out. I am looking for a more detail excel spreedsheet or other tool to help me create a budget for this project. I've seen the BP analy...
Looking for recommendations for an accountant. Ideally looking for someone who can prep tax returns and advise on possible tax savings. Hoping that this person will also personally invest in RE. I have multiple LLC's ...
First TD with B of A
Second TD with Ocwen
Initial purchase price agreed to by both 1st and 2nd: $450K
Commission Agreed: 6%, split equally
Buyer walks of course (because its been 6 months), in a week there is a new...
I moved back into a property I once lived in, moved out of and rented and now moved back into. My tax lady is saying I have to pay taxes on the depreciation I took the years it was a rental. I thought I only had to do...
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*This link comes directly from our calculators, based on information input by the member who posted.