Hi everyone.  I'm hoping to get some guidance from tax professionals in the BP community since I'm a bit stuck.  I'm working on my 1065 for a two-member LLC.  We established the entity and purchased our first property...

EXAMPLE:  I have a property quit claimed to me and the sellers mortgage is still in tact.  I have been the owner of the property for about a year.  I have been told the old owner may need to file bankruptcy. Is that a...

I need the name of a Hedge Fund that rents out a Trust Name filed with the SEC.

When you back up your Quicken information, you save your monetary data (counting reports, passwords, records, and connections). This is an approach to defend your records if there should arise an occurrence of PC disa...

Hi,I just purchased a single family property at the end of last year.  I did not have a tenant until Jan 15th.  Is there anything like the closing costs, the 20% deposit, inspection fees etc. that I can write off or t...

I'd like to claim a home office deduction (I've reviewed the details and I'm eligible).  It's my first year with a rental property, and I did not have a profit (on paper), so I know that the deduction and depreciation...

I'm curious to see how other landlords keep & store your important papers--tenant contracts, deeds, receipts, taxes etc. I used to keep contracts in binders as shown in photos but with more properties, it's not wo...

Hello everyone,My name is Kevin and I currently reside in the South Florida Miami area. My cousin & I just started our company and we're looking to get into real estate investing. I've studied and read books for a...

Hello, there is an apartment complex and some single family homes.  Ther is also own an LLC.  None of the properties are finance through the LLC due to the difficulty of securing the loans in the LLC name.  The LLC is...

what type of corporation should I file for, LLC or S-Corp? I am just starting off in the flipping area.