Rory M.
Tenant brought roaches refusing to pay
My tenant complained they saw a bug in their unit. I paid an exterminator to come in as there were no bugs two months ago when I lived in the building (a duplex).The exterminator said there is evidence that the lower ...
Vaibhav Pradhan
Advice Needed: Using LLC when the title is still under my name
Here is the situation
- I purchased an investment property in my name in November 2021
- I also have an LLC setup with bank account etc starting NOvember 2021
- I was in process of transferring the title to LLC and...
Adam Solomon
Depreciation on single family home.
I currently have a single family home that I live in that will be a rental in a few months. My question is if I have to do anything special to be able to depreciate it? Once it is listed for rent does that make it an ...
Christine Cho
Tax Professional/Accountant for first year STR investor
Hello BP,I bought my first primary last year and used a portion of it for a full time AirBnb. We will buy another primary under husband's this year and move there. The plan is to purchase primary each year if possible...
Jose Dorado
Deferring taxes
Hello all and thanks for this great forum.here is my question. I am considering myself a pre-newbie. just wanting to get started in real estate investment. I'm closing on the sale of a rental property in two weeks. ...
Paul DeLeon
Second home purchase
I have an opportunity with a family member to jointly purchase a home for the family member to live in as their primary residence. They will pay all PITI and repairs while there. The home is in Arizona. I live in Cali...
Denise Ortiz
I SOLD a property through OWNER-FINANCING. TAXES and CYA?
So, last month I sold a piece of land through owner financing. I made sure I did it with an RE attorney. She just said that I need a good CPA, I don't have one. Honestly for last year, I didn't make enough to get out ...
Dee M.
Cash out on rentals/tax treatment
Hi Everyone,I'm hoping someone can help me clarify this question;I own several rentals in Denver (free and clear). I want to pull some cash out and buy more rentals,(seems to make sense at these historically low rate...
Keith Kaufman
Choosing the Right Business Entity for Buy & Hold
I have found several posts that address the pros and cons of an LLC versus a Land Trust regarding the type of protection they provide. That is not my concern because I believe that if a tenant is injured on my proper...
Luke Tetreault
Finding a good CPA
Has anyone had troubles in their early years of investing finding a responsive CPA? I am on my second CPA / Advisor and continually running into the same issues. I do a little bit of everything, flip homes, hold renta...