Hello BP!I am new to REI, and am close to writing an offer on my second multifamily property. The tenants are on 12 month leases that just started one month ago for one group and ~4 months ago for the other group. Bei...
I'm dating myself but what the heck. I remember from years ago, that for a while Money Magazine did a yearly tax return test involving a hypothetical tax return and tax pros. Money Mag would ask a number of tax expe...
I know there are some posts about this on the forum already but I hadn't seen any specifically about Florida. It also seems there are some different takes on it. During due diligence on multiple properties I have be...
My wife and I are currently in the process of creating a trust which will hold all of our long term rentals. I am also looking to sell one of my out of state properties. I contacted my exchange company to set up my 10...
Hello, my name is Simon and I recently passed the national and NM state broker exams. I worked at a Big 4 accounting firm performing public and private financial statement audits for over 4 years and currently work an...
Hi;
I'm looking for an accountant who's aggressive when it comes to tax minimization. Most of my deals are flips so this is very important to me. Asset protection and avoiding audits are not nearly as important.
Ca...
Hello everyone,I am new to real estate and have been researching and soaking up as much information as I can over the past coupe of months. Just over a month ago I found a potential BRRRR or fix-n-flip property. The p...
Hi Everyone, I'm new to the bigger pockets forum. Since the tax season is right around the corner, I'm wondering that how can I write off my leasing agent fee? I worked with one for the leasing agents at Austin area,...
This came from a hard money lending in southern California. If you're rehabbing and flipping properties, be sure you are following the new lead based paint guidelines.
"They are searching rehabbed sold proper...