William Ruiz
LLC or an S-Corp
Good evening BP community!I recently started doing business as a RE investor and I would like to hear from other investors out there your thoughts about filing taxes as an LLC vs an S-Corp. Taking in consideration tha...
Manuel A.
Should I Use The Listing Agent Or My Personal Agent?
Simple question...
This whole time I've been using my personal agent to look at properties and put in offers, but I feel using the listing agent to look at properties and put in offers would be better, and ju...
Farah Ali
breaking lease agreement
Hi! I'm new here and trying to find the right place to post, so hopefully this is the right place!
I recently let my apt manager know that I will need to break my lease in a few months (end of March, so I've given 3 ...
Dejuan Calloway
4 Pets 3 dogs 1cat
Hi what do you all think about having tenants with 4 pets 3 dogs and 1 cats? Please let me know if this is something you have came across and how did you deal with it.
Kody Henderson
Legality of Approaching homeowner
I work as a first responder in a hot market. On a daily basis I go into homes of people that would be perfect for creating a list of homes to try and wholesale to local flippers.
My question is...
Are there any le...
Zack Aboona
Termites Exists- Do we proceed ?
Greeting BP,
My wife and I are one the process of buying a property in AZ. During our home inspection, a visible evidence of wood-destroying insects was observed, subterranean termite tube. Evidence of previous tre...
James Galla
SALT Deduction Limit
So, with the §164 SALT deduction limit at $10k, is there a business restructure workaround for scenarios where you have multiple properties with high aggregate property tax exceeding that $10k cap? Is it not something...
Rory Korpela
Capital gains question
Hi folks,I've recently bought a couple of lots and will be building spec homes on them. My main concern is when long term capital gains kick in. We closed on the lots on 3/15/19. If we aim for a sale next spring, afte...
Jeff Hobbs
Cost Segregation & the TCJA 2017
Almost all taxpayers are impacted in some way by the new tax law introduced as the Tax Cuts and Jobs Act of 2017 (TCJA). Individuals, LLCs, LLPs, LPs, and corporate entities alike now seek to identify key and relevant...
Joshua Adams
Newbie Question
For the past 3 years I'll be living in my decreased grandparents house paying the mortgage. This past May, I became the personal rep of their estate which allow me to put the deed in my name. There's $46K still owned ...