BP has been an invaluable resources to me for almost 10 years. One of the most powerful aspects of BP is the access to user documents like proforma's , leases, checklists etc for all different types of deals.Can someo...
Like the title says I own 4 properties most of them are under 100k value, and I rent them all out. I recently started investing in real estate and I have been learning as I go. I read that it is a good idea to have pr...
Gurus,
Need some advice on year end tax filing for S Corp based out of Georgia. I have a new LLC structured as S Corp and need to file my year end taxes. Couple of questions1. Is Turbotax Business a recommended tool ...
Hello Guys,I have an umbrella LLC in neveda and I have 9 properties total that is included in this LLC. My CPA just billed me for $4650 for Tax preparation for management LLC. Isn’t this too much?Thank you in advanced...
Jefferson Co now has e-filing for deeds and mortgages so the closings can go on! Above was posted in the realtor forum. Tried googling, but couldn't find it anywhere. Kind of crazy to think title was sending someone d...
We own a property free and clear. We’d like to borrow $50k from a private investor. We’d like to sign a note and attach a lien so the investor is protected. What are the mechanics to made this happen? Attorney dra...
Hello BP,Trying to figure out what my local law says for lease termination, vacating, and evictions. See below excerpt:48401. Noncompliance with Rental Agreement; Failure toPay Rent.(a) Except as provided in this Act,...
I currently live in New York and own a rental property in South Carolina. I did about $10,000 of repairs on the house when I purchased it in 2018 and it was occupied from December 2018 through October 2019. Last tax s...
We are finishing up a rehab project right now and the contractor that was doing the work was doing a horrible job, taking too long and causing a lot of issues, so I decided to fire him this past Friday and cut my l...
Since we're here again for another Tax Season, I'm just curious , as to know 100% what Tax Bracket someone falls in as a whole ( State, City and Federal ) ....all Combined Is it 15% of your Income you should hold o...