At what point in your RE Investing journey did you hire a CPA to do your taxes? At one rental? At ten rentals? After creating a business? Trying to determine how much longer I should do my own taxes. Thanks!
I recently bought the book on rental property investing. I'm trying to download and open the file on my phone and it's not opening. It downloads but it won't open in any app that I have. Everything I try doesn't work ...
Hi there! I'm a new BP user and just had my first property damage. Someone broke into my rental property in Phila, broke a window and damaged the front door. Nothing stolen as far as I can see. My Home insurance deduc...
Hello,
What are all my flippers out there using as their entity for flips? S-Corp or an LLC?
Can you list the pro and cons of each for this specific application (flipping)?
I have heard S-Corp you can potentially ...
I am looking to buy my first house. I have over $20K saved up however, my 2018 and 2019 taxes that I filed showed no income due to deductions I took. Is there a way I can still qualify for a mortgage? If so which lend...
Hello BP family,
I am looking for ways to better improve the delivery of my offers, and I was wondering if any one has been using esignature to better improve the speed to send offers to sellers and buyers.
If you ...
I have been investigating having cost segregation studies done to two STR investments I own. I'm getting some pushback from my CPA of several years. He is a former IRS auditor, before going out on his own. He is defin...
My husband and I just set up an LLC and are getting conflicting info from accountants that we've spoken with as to whether or not we should elect for an S Corp.We both plan to maintain full time jobs outside of our LL...
Hey everyone, Looking for information on how I should go about evicting a tenant for non payment of rent. Can I do this myself or should I hire an attorney and what would be the difference between the two. I’m a new l...
Ok, dumb question because I know there isn't a answer. I'm trying to evaluate deducible vs premium quotes. I'm about to close on a 4-unit multifamily in Phoenix. I've personally have never had to file an insurance ...