This is more of an Accounting question but the REI aspect of it does warrant discussion IMHO. I have a sizeable 401(k) that I would like to take a distribution on so that I can use it as after tax dollars in order to ...

Hey BP,

I have a property under contract for ~80K.

I have a family relative who is interested in a trust deed investment (1st position). However, I'm not sure how the taxes and interest payments would be calculat...

For someone starting out in fix and flips, what are some things to look for in choosing the right accountant/cpa to start a house flipping venture?

Hi BP Community, Towards the end of this month I will be closing on my first duplex to House Hack in the Minneapolis, MN area. So far I  am remaining confident in my numbers/reserves amidst the current conditions and ...

Hi, I live in New Jersey. I own an investment apartment in Florida and buying a multi-family in New Jersey. Can somebody recommend an accountant who specializes in real estate?Thank you

Do you believe online accounting services like 1800 Accountant are good for the owner of a Real Estate LLC?

For those of us who are passive investors 2013 brings new federal gross rent tax of 3.58%, thanks to Obmacare. It is one of the myriad of new taxes passed by the Social Democrats. How are other passive investors of th...

Hi! I was reading about the interest tracing rules and it seems like if I do a cash out refi (even on a primary residence) and then put that cash in a separate investment banking account, I can begin writing off inter...

I just bought my first rental house, and I am not sure how to account for expenses for first year accounting.  I understand how expenses are calculated for 2nd year.  I have been researching and have read mixed result...

Hello! So, friend bought a property cash under their name and now refinancing (cash-out refinance) the property into an LLC that is jointly owned by both of us and we will be getting funds from this refinance for reno...