Account Closed
Do I need a CPA? ANSWER INSIDE
As your income and real estate portfolio grow, reaching the $150,000 marks in my opinion the beginning of your financial journey into real estate. It's at this juncture where you likely have around 20-40k saved up, an...
Mark Tanner
Tax Question With Big Impact
How can we apply real estate losses from prior years to offset current year non-real estate income? I assume we need "real estate professional" status, but 90% of CPAs I have talked to (all with real estate clients) s...
Christopher Carson
Colorado Springs Good/Bad Areas to Invest in SFH Rental
Hey BP Ladies & Gents,First post in the forums. My fiance & I are looking at 2-3 bedrooms to buy and hold as rental properties in Colorado Springs. We live in Denver, and I have a few years experience in SFH p...
Dave S.
Analysis Paralysis - Help!
Hello friends!I have a townhouse in Newcastle, WA that I purchased for $200,000 in 1999. It is worth $400,000 today. The cap rate is 1.68%. My mortgage is $65,000 at 3.5%.In 2016, my household will earn $160,000...
Jon Rood
Question about Title issue
I am trying to buy a lot that adjoins me, and there is issue with the title. It’s complicated so try to follow me:
1980 property was willed to by partition Feed to family. Multiple heirs. I have all located and have ...
Robert Dobbs
National Assoc. of REALTORS® wins relief from the IRS
IRS Extends Tax DeadlinesThe IRS issued guidance Thursday evening to grant deadline relief for both 1031 like-kind exchanges and opportunity zone investments that are already underway. Both of these programs are desi...
Jon Klaus
Condo conversion?
Condo conversions typically take a multi-family property and convert each unit to individually titled units that can be bought and sold independently from one another. Ideally, a lot of equity can be created. Anyone...
Faisal Ahmed
Looking for local attorney for Self Directed Retirement Plans LLC
Hi everyone! I am new here. I am interested in making better use of my IRA funds and am interested in getting into real estate investment. I have done some internet search but I am not sure how credible they are. ...
Melissa Logue
IRS Form 3115 for changing from no depreciation to depreciation
We need to fill out From 3115 as depreciation was not claimed for five years on our property. Besides having a CPA do our entire taxes is there assistance with just this form anyone knows of?
Kyle Ratzlaff
Financially Ready to Start, But Also Ready to Move States
I currently work full time and have been saving up for several years and have started researching real estate recently. Due to my girlfriend living in a different state, I will most likely end up moving from Iowa to ...