Venkatesh Nakkala
Need help Final LLC tax return in Turbo tax, no asset disposals
I have a friend who has been using an LLC to manage 2 properties for the past 10 year usign Turbo tax
So they have 2 partners, Each of them has a property titled under their individual names (partner 1 ownes prop 1 ...
Dylan Tettemer
Saving money for investing
Hello! I'm currently living in Japan and want to start saving up for real estate investing for when I get back to the states. How would you recommend saving money for investing? Regular old savings or do guys have a m...
Kenny Tran
Does land appreciate?
Hi everyone,
I was wondering if their is a math for land appreciation? For example, empty lots in my area are selling for 10k. Ive been buying and building houses on the lots but I was wondering if I started accumul...
Alex Ng
How to manage Real Estate Debt?
I'd like to accumulate more properties using BRRRR but it also means I will be acquiring more debt. At some point the debt will be too much beyond my normal job that I will need to rely on the cash flow from propertie...
Dan Muelrath
Capital gains when transferring rental into my LLC
I currently hold a few rental properties in my personal name. In 2020 I’m starting my LLC for purchasing additional rentals and would like to transfer my current rentals into the LLC too.
When I transfer/sell my cur...
Jin Kim
outside cleaner - grand father in from previous owner
A son of tenant(section 8) has been getting paid $100 per month from the previous owner to sweep and do the garbage duties once a week. but I found that he does garbage, but not sweep. also he accumulated LOTS OF HIS ...
James Kandasamy
Best Strategy for 1 year Wealth Building for Buy&Hold, Fix&Flip and Wholesaling
I was trying to do some analysis on different RE strategies between Buy&Hold, Fix&Flip and Wholesaling. The assumption i made was
- 10 house with equity capture of 25K for both Buy/Hold and Fix&Fl...
Eric Jones
Personal Funds into Rental Account
My current goal is to scale.I would like to send money from our personal account into our rental account on a monthly basis to let the cashflow and personal funds accumulate. This money would then be used to purchase...
Jullian Johns
Getting Started in Maryland
Hi Bigger Pockets community my name is Jullian and I am looking to get started with real estate in the southern Maryland area. To make a long story short; debt accumulated from college has left me in a bit of a bind a...
Waylon Black
Help understanding depreciation
I’ve read conflicting answers on depreciation and how or if it can be used against w2 income. I have decided to get started investing in rental houses and I’m trying to understand the tax side before buying anything. ...