Michael Zandona
Best Investment for Depreciation
What investment choices would you recommend to offset W2 income taxes? Let’s say we’re shooting for $50k tax saving per year. My wife is a real estate professional (we can deduct real estate depreciation) so a proper...
Margaret Curtis
Tax Advantages of MHP
Hi all - Have researched but can't find the answer, so hoping someone here will be able to answer: Do MHP have any or all of the same tax-advantages as other residential real estate? I know you can write off expens...
Daniel Renna
Advice for New College Grad Looking To Set Up for Success
I recently graduated college and landed a great job. I make a base salary of 60k and then I can make up to an additional 20-30k a year in bonuses. I have student loan debt of a little over 29k at about a 4.25% fixed i...
Douglas Peterson
Project manager staff
To All,
For those that have hired a project manager, how have you structured the position?
What is the total salary range for this position?
Have you done salary or salary plus commission or all commission?
What kind ...
Conner Snodgrass
FHA Loan on a single property with two duplexes?
I am interested in buying a duplex but a bit confused how the "bonus" duplex that is also on the same lot will work in regards to financing. Does anyone have any experience with this?To further explain it looks like t...
Chris Gallick
How much $ can I expect after claiming renovations?
Hello BP! I'm seeking input from a CPA or tax professional that might be able to help me regarding claiming expenses on an investment property. I'd like to know how much I can expect to receive back from taxes after c...
Julia Blythe
Don't Leave 5% on the Table if you have a Discover Card!
If you are like me, I am always looking for a discount or a deal when it comes to buying things for our flips. I just got the email from Discover Card asking me to "Activate 5% Cashback Bonus Now". The bonus from Ju...
Nick Macklin
Business Credit Card for House Hack?
I currently have 1 SFH being rented right now and just moved into another that I will only live in for 2.5 years. I'm military and I plan to house hack for the rest of my military career which means a new rental prope...
Michael J.
Contract for GC flipping a house
Does anyone have a solid contract they would care to share for flipping a house using a GC? One that favors the owner more than the GC?
Peter Morgan
Is it possible to carry over bonus depreciation to next year?
Hi,I am considering a syndication investment with 80% bonus depreciation on the first year.However as I understand the depreciation has tax advantages over passive income only but not on regular W2 income.Had passive ...