Hi BP!
I’m in the process of selling a property which I lived in for two years when I bought it in 09/15 and then have rented out since 01/18. I currently reside in CA, and the property is located in TX. I am selling...
I'm fairly new to real estate investing and still building my team. I'm looking for a CPA that can help me get the business structure set up so that I have the correct entities carrying the correct assets for taxes an...
Curios to see the different ways investors set up their business structures. As we are inquiring more rental properties, my thoughts are to under an S-Corp, have an individual llc for each property for liability purpo...
Hello,I have a question related to getting accelerated depreciation. Assuming I meet the IRS guidelines for a real estate professional, can I do a cost seg and claim accelerated depreciation for a fix and flip propert...
According to a recent article published on NYT, over 90% of Americans strongly agree that it is a civic duty to pay your maximum taxes, and many find that trying to dcrease your taxes is unethical.Personally, I want t...
Curious how other investors are going to handle this significant tax increase. $188 more a year per $100,000 of home value. This is going to put my duplex close to an increase of $600/yr. This is in addition to the co...
I have a small apartment building worth 1.4 million and wonder if it's possible to do a 1031 exchange for, say, 4 houses for around the same dollar amount. Then sell each one after living in each for 2 years to avoid ...
Multifamily owners in Boston hit hard by new tax bills (Link to Boston Globe Article)I have two main questions I am interested in. 1) Are other hotter markets seeing this type of increase? 2) Are any multifamily own...
Hello, looking for some solutions to a problem. My Mother has MS, which is the reason I moved my family to be close to her to help care for her. My Father passed away in 2003, so she is alone. The problem is that she ...
I'm setting up a new brokerage referral business with a partner. Nothing has been setup yet- It will be pretty much passive income (we are RE Brokers and will be getting referral fees from internet generated leads. ...