Ana M.
capital expenses or deduction???
I am a real estate professional. (not passive activity).. I file jointly with my husband who is a doctor and has high income (500k/yr). I have 3 LLC's for mostly flipping properties. I have 2 rentals and 5 houses f...
Robert Lindsley
Tax benefits of MHP vs MF
Hi there,I currently own 2 multi-family buildings and will be 1031-ing them for a larger property in the near future. I'm considering buying a few mobile-home parks (ideally parks with zero park-owned homes) and have...
Irfan Saeed
Property is bigger than the size listed on Country office
Hi Guys - I would appreciate if someone can help on thisI am about to sell a property which according to my measurement is bigger than the size listed on local county appraisal site. Since I am not a professional so I...
Chris Fuhry
Purchasing Homes with your young children - Pros/Cons
Wondering if it makes sense in any way to have my sons name on my next house/deal with me? He's only 5 and I really don't know if there is any benefit to having him on an LLC with me, or if it makes any beneficial se...
Stephen Brown
Toledo Is a Landlord Friendly City
Hey Toledo! Knowing that we do not have an eviction moratorium, have your tenants applied for rental assistance program? I personally like this move as it seems to be more landlord friendly. I think our city does a re...
Eli Kallison
Gut check my quick & dirty rehab cost estimation?
Sorry moving this to the appropriate forum. @Moderators is it possible to delete this post?
Hi BP,
I am considering buying my first BRRR property with significant rehab costs associated with it. I tried to estimate ...
Yun Han
Seeking advice on depreciation / discrepancy on two appraisals
I am working on calculating the depreciation basis for my rental property, and I am currently analyzing two appraisals. The first appraisal was conducted in 2020 when I purchased the property, while the second apprais...
Chris Picciurro
Most concerning tax questions
Good morning BP - we are currently adding to our educational content. What are your most concerning tax questions related to real estate?
Gary Sowell
Heko setting up Quickbooks online??
I purchased QBO plus , I own three properties. 2 -4 units and 1 SFH How do I set up quickbooks. I don’t use a Management company. I have read many post to us the customer as the buIldIng address then subset the units....
Carlee Busby
Seeking recommendations for attorney/accountant in North Carolina
I'm about to take over property management for a property that my father-in-law owns and will be fixing it up and renting it out as a vacation rental. I'm looking for good recommendations for how to set up a separa...