When you complete a BRRRR, can you elect to have all of your expenses of the renovations be added to the basis of the house?For example - you buy a house for $100,000, and put $50,000 into it (Including repairs, maint...

Would you start an LLC if...- you owned 1 rental?- you owned 4 rentals?- you owned 10 rentals?

We’re planning to rent out our first house in the next few months. It is a single family home and we’ve never been landlords before. Considering using a property management company, but that would significantly reduce...

In recent years, the world has witnessed a regulatory awakening in data privacy enforcement, a development driven by increasing consumer demands for transparency and the global proliferation of privacy laws. While thi...

Hello, I hope this message finds you well. I am reaching out to you because I am in need of assistance with setting up my QuickBooks system for buying and managing properties in GA.
As you may know, managing properti...

When a potential buyer has signed and executed a seller's NCND, wants to review the financials, etc., on seller's properties, but seller raises the question of ability to purchase the properties-- is LOI and POF our n...

As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...

Hey BP, I am going through the process of buying a 9-unit multifamily property. I was wondering what all documents do I need to make sure I get from the sellers to verify the information they are giving me. 

Hi, Everyone,I live in Florida and I am buying some investment properties in my area. Whenever there is any condo/townhouse listed for sale, I would like to read CC& R (Covenant, Conditions & Restrictions) and...