I have two differing opinions on UBIT. Are originating notes or holding rentals subject to UBIT? My CPA says yes but an attorney has said no. @Dmitriy Fomichenko and other experts please let me know your opinion.
Hello everyone. Active duty military and New here to BP while still considering myself new to REI. I do have a couple of LTRs between SFH and duplexes but looking to get into STRs and expanding my current portfolio. I...
Hi everyone, I'm looking for recommendations for a SDIRA company. I'm looking for an IRA LLC checkbook control account. Any referrals and feedback is greatly appreciated. Thanks!
I am just getting into rental RE investing. Being from California, I am exploring the option of using Turnkey providers for properties in the South/ SE region. It would be great if you can share your experience with s...
I've read some marvelous advice here about a variety of topics, so I'm going to ask this question that is puzzling me about the tax deductibility of my rental expenses.I've been told that I can't deduct expenses due t...
Zillow recruited me, prior to their launch in the Central Florida Market, due to my having an active real estate license (Orlando Regional Realtors Association top 5.9% in 2020 & top 8.7% in 2021) and my construct...
Hello,I am new to investing and I lack knowledge of how to use my passive losses from rental properties. or more than lack of knowledge, I just don't think my CPA knows this topic well. Lets say that i have a total o...
I’ve done some flips in the past using multiple investors. I’m thinking about buying a portfolio and would need to get 5+ investors together. Can I do this without it being classified as a syndication?
I had several rental properties that had accumulated passive losses. I started a LLC with my wife (2010) but those previous losses were not carried over at the start of the LLC. My accountant at the time said they can...
Hello,
I am actively looking to refinance my mortgage and one of my impediments is the miscellaneous closing costs of a refinance (appraisal,lender's title insurance etc.).It's costing me over $800 for appraisal and ...