Hi all!I had a pointed question related to the home office deduction. I am a real estate agent (licensed in May), an attorney with a full-time job separate from my real estate business, and an investor with several pr...
Hi Everyone, I am just starting out in the real estate investing game, by just starting out I mean still putting together funds, and I have a question regarding Self Directed IRAs being used under an LLC. I would like...
I was looking into details/scenarios on funding an investment property through a self directed IRA. Could anybody share some situations when that is an ideal strategy? Pros/cons?
Is anyone here actually using a self directed Roth IRA account for real estate flipping? I am sick of paying these outrageous short term capital gains taxes it really feels like 1 step forward and 1 step back. I looke...
For 1099s issued to yourself for your compensation of an S corp, one has until the end of February instead of the end of January. I saw an ad at BP for processing 1099s but missed who the vendor was. I also called a l...
I purchased a small 2 BR, 1 BA condo for my daughter and her fiance to live in while in college. They are about to get married and purchase their own condo (which they also plan to eventually have as a rental prop...
I am looking for an article I read on BP years ago that didn't apply to me at the time but now it does. The article was about creating a packet of info to forward to the mortgage lender that contained all the info ne...
Problems like trespassing, conflict, and unwelcome visitors are common to any multifamily unit. And the trouble spots where these occur generally remain consistent across locations.An industry expert on how you can be...
Hello everyone my business partner (brother-in-law) and I purchased a house a year ago that was a hoarder house. I spent the whole summer fixing everything up. I replaced the floors, gutted both bathrooms, landscape...
Does anyone here have recommendations for a New York City based CPA or lawyer with experience structuring multiple businesses? I am investing in out of state land where I plan to eventually build a vacation home with...