Frank Lindeman
Looking for a CPA in CA that will work with me to use my 401k fun
I am in Modesto, CA and have talked to 2 very reputable CPA's about utilizing my 401k to invest in properties. Both CPA's proposed that it is possible but it is a lot of work and not worth the hassle. Neither CPA got ...
Gary Michalske
Basis for Taxable Income
Hey there BP Tax experts,I have a question regarding taxable income from property sales. I have a CPA that does my taxes but I’m not convinced he’s an expert on the real estate side of things. And furthermore, if I c...
Serge S.
Anyone called out by IRS for NOT filing 1099s??
I know a few investors that have never filed 1099s with contractors. They claim to either play dumb (thought it was a C-corp) or just never file. One guy has never filed in over 10 years and never a peep from the IRS....
Vessi Kapoulian
Property Manager Recommendation - Jacksonville, FL & Central FL
Dear BP Community,
Central FL: I'm in the process of purchasing two single family homes in Ocklawaha, FL 32179 (target close date of 5/31/2021) and looking for local property management firm references.
[Background...
Isaiah Garcia
Austin, TX Wholesaling using Google PPC
Hey everybody! I’m a new wholesaler in Austin, TX looking to invest some capital in Google PPC. I would love to get some input from those of you who have recently or currently do PPC in Austin or a similarly competiti...
Jeff Macdonald
Vacation Rental and Flip: Investment income or
I purchased my first investment property a couple months ago. Initially we were only thinking about it as a fix and flip, but now we are considering giving it a try as a vacation rental for a few months. My wife and I...
Lyndsey Whiteaker
From 0-20 units in 6 months
Hello BP I am a new investor who has purchased 21 units in the last 6 months 4 family4 family8 family2 family2 familySingle familyMy question is existing tenants. I live in Missouri and I have 3-4 tenants who are late...
Robert Williams
Property not under LLC - can LLC still be used to manage rent and expenses?
Hi All,Will be buying a property soon. I can choose to get a conventional in my name (best rates), or a DSCR in my LLC's name (slightly higher rate and prepayment penalty). Currently leaning toward getting it in my na...
Tyler Ferguson
Beginner House Hacker - Book Keeping
Hello!
I am in my First house hack in Austin Texas. I have two 12 month room leases and a mid term rental in an ADU.
I get MTR leads from Airbnb and do bookings through the airbnb platform.
I use apartments.com ...
Sandy Blanton
WTH do I do with my SD401K Cash? Post-Ubit are the SD accounts worth the trouble?
I love having lots of cash in a retirement account, safe from creditors and bankruptcy. But after learning about UBIT, i'm unsure what to do. Ideally at this time I'd like to flip. We're earning 200% annually cash ...