Shawn C.
Self Directed 401k for Apartment Complex
I am a real estate broker. I want to buy an apartment complex with an old 401k by converting it to a self directed and leveraging debt. I understand I cannot draw on the fund and the gains have to be reinvested. ...
Stephen Lay
Property management software
Hello all,My business model includes buy and hold single/ multi family properties. Does anybody have a recommendation for small property management software? I have 5 single family homes now, and plan to purchase 2 ad...
Kien Hua
Insurance for Flipping
We are looking for better insurance policies for property and liability on our flips in Southern California (adding our general contractor as additionally insured as well). Does anyone have recommendations on insuranc...
LEONID ORLOV
Expensing travel and home office without Sch C
I have multiple rental properties, report all income/expenses oh individual properties Sch E.
when I tried to deduct default calculated home expense TurboTax took me though the maze of questions on bushiness and sinc...
Jason Holden
Seeking Interviewee: Considerations for Bathroom Remodeling
Hey everyone! Longtime lurker and eventual landlord here, coming to the BiggerPockets community with what may seem like an odd request.I'm in content marketing. My team is working with a client who does bathroom remod...
Conor Shea
Best tax strategy for writing off expenses
Hi all, I'm a new investor looking to buy my first multifamily deal with a partner. We have an offer in on a triplex and will be using a VA Loan to purchase the property. The property needs to be rehabbed and I have t...
Stephen Nava
Calculating DTI using tax returns
How do lenders calculate debt to income ratio using the schedule e on tax returns?
Keli I.
Newb Landlord Condo rental
Homeowners association requires background and credit check $50 to renter... I've been looking into Cozy for rent collection and potential late fee reminder but wonder if its worth it- or just have them use Venmo, Zel...
Armon Phillips
Wisconsin wholesaling and foreclosure
What are all the stages of the "in rem" tax foreclosure process like for example 1st in rem, 2nd in rem, 3rd in rem,etc. What happens in those stages of foreclosure and my additional question is at what stage of the "...
Steve S.
Newbie Tax Question
I did a fair amount of reading and binging / googling and couldn't find a specific answer to this question. If after reducing my gross rents by all allowable deductibles, I have $10,000 in remaining profit for the yea...