Matthew Watkins
New investors from Cincinnati, Ohio
Good morning everyone! My name is Matthew Watkins and my wife and I are relatively new to the real estate investment world. We have a company called M&K Watkins Properties, LLC that we're working on getting off th...
Walker Seid
Taxes
Lets say I rent a house out for $1200/month. My mortgage is $560. Expenses are (taxes $150, HOA $30, Ins $25) $205/month. Do I pay taxes on $1200 or just $435?
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Real estate professional time log (REPS tracker)
Hello BP family! I wanted to post a screenshot of the real estate time log we have made available for clients. We try to keep it simple, and provide examples in the guide for people that are not sure what counts and w...
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Real Estate Rental Income as written by Kislay Shah CPA
Real Estate rental income is earned when a real estate is leased for rental income generation. Rental income generally is treated as unearned or passive income for income tax purposes. Rental income is reported on Sch...
Logan Jamieson
Florida Property Management & Brokers License
Happy 2023 everyone!
For the past few years I have had the goal of starting a PM company in Florida.
About me:
1) Sister is a Real Estate attorney in FL - we would be working together
2) Grew up in a family real...
Patrick Nicewicz
Questions regarding LLC (live in NY, will do business in NJ)
Hi all,
So I have some questions and I'll try to keep them together and hopefully I'll make some sense of them
- I currently live in NYS and I am planning to create a LLC to keep the properties in that and of course...
Jolee Zhao
Questions about depreciation deduction income limit and set up costs
Hi all, Happy New Year! I have a couple of specific questions that I'm looking for your help in answering to determine the best strategy in listing my first rental. Much appreciated in advance!Questions - 1. Would I b...
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CCIM Designation: is it worthwhile?
Hi BP,I've considered taking the CCIM coursework to bolster my investment analysis. Is it worth it paying for the course or paying to keep the designation active? If anyone experienced with the course, or the designat...
Jonisha S.
Neighborhood Stats- Oakland, CA
Hey everyone! I'm diving in to real estate investment and I slowly but surely learning the ropes. More recently research has been my focus. I'm interested in investing in properties in the East Bay Area, CA and I'd...
Major Almeida
Residential Foreclosure/Auction specialist- Panama City FL
Hello my name is Major and I am a business owner and investor. I have moved from Boston to Panama City in hopes to help rebuild the community. My crew and I took part of the aftermath of Katrina in New Orleans and I w...