Phil Carpenter
How to compare returns + make critical investment choices
Team - I could use your help! I'm evaluating a number of different real-estate investment decisions and am trying to figure out what is the best indicator of returns that I should use to make "apples to apples" compar...
Ray Li
Filing rental income under personal vs LLC?
Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...
Mohammad Foro
Can a c-corp assume all liability without property title?
I am looking to setup a c-corp to collect rent on my multifamily unit. The catch is, I dont want to put the title of the property in my c-corp's name - I want it to remain under my personal name.
Can I use th...
Simon Gill
Selling House Less Than 1 Year...Afraid of Capital Gain Tax HELP!
Hello All! I have recently bought a house in January 2016 but am considering taking a job offer that would force me to relocate. If I sell this house I will profit, but how can I avoid taxes on this profit? I plan to ...
Dennis McHugh
Real estate professional tax question
Hello,I have a question about a strategy. Can you buy a house in an "Opportunity zone", rent it short term for the rest of the year. Get 100 hours of participation to become a real estate professional. Bonus depreciat...
Nathan H.
Complicated Capital Loss/Gain Question for all of the tax wizzes on here
Hello BP!I'm trying to file 2022 (I know, I'm late) and I have a question on flexibility in deciding when I can use capital losses. I want to take advantage of the 0% LTCG rate up to 90k-ish MFJ + standard deduction, ...
Victoria Pham
Best Business Entity for Real Estate Transactions
Hello BP!I am a newer investor and am hoping to protect my assets. What would be the best type of business entity (or company) to start if I'm planning to have long-term rentals, fix and flips and other real estate tr...
Joe P.
Tenant conditions - cockroaches
Hi all -- looking for some advice. My tenant has been complaining that there are cockroaches in the unit. When I purchased the property, there weren't any. I do inspections about once a month and this tenant isn't the...
James Morris
I need a mortgage, how do they prefer taxes to be filed?
I am a small time real estate investor flipping vacant land. This is my full time "job," only income and I am looking to get a mortgage for a house soon, but first I must file two years taxes to qualify. How do you fu...
David Klem
Which business entity is best? e.g. LLC, S-Corp, C-Corp, REIT
Although I'm already considering at least one tax preparer I wanted to see what everyone else on Bigger Pockets is doing. Flips are short term and rental properties are long term. I understand you don't want to mix th...