My unwanted business partner, the IRS has come a calling for back taxes. Who do I turn to for help! I have quite a few years that I haven't filed taxes.
I investigated, tested humidity and moisture and found no problem. Nothing wet, no stains any where. I realize I might not be seeing it. Had friend who was a retired plumber of 25 years and mold experience with me....
Hi Everyone! In 2022, I was taking SL depreciation for my rental properties (1 apartment building and 4 4-plexes). I did a cost segregation study in order to take advantage of bonus depreciation and I have a couple q...
Hi Everyone,I'm planning to attend a Sheriff's sale in NJ in September, and have selected four candidate properties. I've seen the properties and run title searches, and understand the open municipal obligations (tax...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $129,000
Cash invested: $29,800
3/2, 1200sqft SFH with detached garage and great backyard in a solid working class ...
Hi everyone, question around tax deductions for investment properties. We purchased our first investment property last year and just met with our accountant to file our taxes. He informed us we cannot deduct any of ...
Could anyone please share or point to where I can get a template or list of items that need to be done by the tenant before they move out in order to get their deposit back? I greatly appreciate it since I have never ...
Hey Guys,
Quick few questions
1 If I invest in a real estate syndication as a limited partner and I was given bonus depreciation year one where I had a $70,000 loss on 100k investment at the time of sale how are the...
Hello everyone!This past summer I bought my first rental property and it’s going to be my first time filing with a property and I just had a few questions to ask:1.) What are some things I should look out for as I hir...
Hello BP,I have a question hopefully it’s not too ridiculous.. should I get a lawyer and an accountant prior to even getting my first deal or should I wait? I understanding building a team is important, I’m just conce...