Adam Beaumont
Separate business credit card and personal credit card?
I only have one rental property, and I use my personal credit card to purchase whatever I need for the property. Any thoughts on exclusively using separate credit cards for business and personal expenses? My main co...
Michael Nugent
What would be the impact of incorporating on my rentals?
Hi, new to the forum here and I am looking into incorporating my rentals under a single entity and I am wondering how this would affect passive losses that have accrued over time? Anyone with personal experience or r...
Ryan Kline
Seeking assistance with setting up Illinois Land Trusts, Illinois LLC, Wyoming LLC
Hello!
I'm in the process of setting up a business structure for my real estate investments and would greatly appreciate any assistance or referrals from those with experience in this area.
A Bit About Me
Over the ...
Samuel Vogt
Primary residence becomes rental property
I purchased my first home in 2014. It was listed as my primary residence, but has been an investment property for the last 2 years since I had moved in with a friend. At this moment I am looking to purchase my next p...
Huiping S.
a property didn't pay tax of 2015?
One neighbor's house is on sale. The list agent said my neighbor brought it two years ago with cash and now she got a job in a new place and too far to communicate. I checked the sales history price and suddenly found...
Doug McLeod
Quickbooks - how to add previously acquired asset and accumulated depreciation
Hi BP folks - any Quickbooks DIYers out there?I just started doing Quickbooks effective 2014 and got some help from a bookkeeper to do the journal entries from the HUD1's to add the rental house assets I purchased thi...
Cindy Gregg
Capital Gains Taxes
Hi. My husband and I bought a property in Missouri last year, fixed it up, and are renting it out as an MTR. We are now considering selling it. My question is: how is capital gains tax figured? We would like to decrea...
Pavlos Kasselouris
Logging a Refinance in Quickbooks Online
Hi everyone!I recently had a bookkeeper from India, setup QBO for my 4 rentals. Properties are under a LLC with a partner and we have bought, made capital improvements, cash out refinanced. I feel things got a little...
Kristen Martin
What to do with 100k.
So, my husband and I purchased our home almost 3 years ago for 209k. It's BIG...4 bed, 3 bath 2600 sq ft. We don't need that much space for us and 2 daughters. The values have gone up quite a bit in our area. Similar ...
David Joo
NJ Premiums and County Fees
I'm looking into investing in NJ tax liens and am having trouble finding the answer to a few questions What happens with the premium, is it returned to the winning bidder or is forfeited to the county? Also, are coun...