Ed Walker
Purchasing a home with an IRA investment Account
Good Day BP,I am looking to get a bit of advice to assist my client the best way possible. I am a realtor here in VA and I have a client that is currently living in NY that is working on purchasing a home down here to...
Victor Omoniyi
Can bonus depreciation be claimed the next year after an asset is placed in service?
If I purchased and placed a property in service in 2023 and I have no need for the bonus depreciation on my 2023 taxes, can I claim bonus depreciation on the property for 2024 taxes? If yes, what would I need to do?
Cody Z.
Fellow CPAs: What automation-related advisory services do your clients need most?
Hello,
I am currently in the process of creating finance, accounting, and workflow automation solutions for real estate investors. I wanted to get some feedback from folks who are actively serving clients and see pot...
Arjun S.
Buyer price escalation clause. Any limits?
Hello,I have a contract with a builder that has the following clause and I am being told I need to pay 10% over the previously signed contract price due to increase in lumber price (which seems to have fallen 3X since...
Joe Taylor
Treatment of Remodel Costs After Leased on New Acquisition
Good morning all... I purchased a residential property for a long term corporate client in November 2017. The client asked for some remodel work to be done and expects to move in on March 1 2018. It's pretty signifi...
Tyler Suggs
New Property Management Company in MA & TAX HELP
Hello BP Community!My name is Tyler and I am new(ish) to the Bigger Pockets community but have been listening to the podcasts for years. I have worked in the property management field for about 3 years and my partner ...
Account Closed
Landlords - How would you write the perfect PM contract?
I started to mention this on another thread that's going, but thought maybe a new thread would be better.I thought about managing again, and then my sanity came back lol. But, I thought about how I would structure a ...
Mike Trupiano
Is it Legal for our Mortgage LLC to offer incentive to Realtors
I have just launched an LLC mortgage lending business with my brother.I want to make sure it is legal to offer the realtors we are working with a referral fee for each client that closes on a loan from us.This could r...
Nicholas Lilly
Mitigate Risks & Maximize Profits with Expert Due Diligence
Every business faces a critical decision-making period when deciding whether to accept or go ahead with a business deal. This is where expert due diligence comes in, so as to avoid gambling away your business.
Expert...
Ed Walker
Purchasing a home with an IRA investment Account
Good Day BP,I am looking to get a bit of advice to assist my client the best way possible. I am a realtor here in VA and I have a client that is currently living in NY that is working on purchasing a home down here to...