Nicolas Ake
Contractor Supplies/ Tax write off for truck?
Hello,Is it common for the investor to be responsible for physically transporting supplies such as carpet and flooring to the job site or will a good GC do this? If it is going to be my responsibility more often than...
Xavier Thomas
Wholesaling Tax Strategies
Hey everyone. I'm new to BiggerPockets and something that has caught my attention is wholesaling. While poking around in some of the forums, I came across this: here. Which showcases the tax implications of doing whol...
Natalie Braselton
Mid-Term Rental, Add Personal Car Rental to Lease?
Hi BP Community,We are considering adding our personal vehicle as an option to add on to our mid-term rental in San Diego, CA. Would we include the vehicle rental as part of the residential lease or separately? What c...
Matt D.
Quick section 179 question...?
Can you take a section 179 deduction for a vehicle purchase and offset taxes as a sole proprietorship? Have not been operating under a business/llc, just under my own name. Have some capital gains on short term flip...
Francis D'Aurora
Vehicle Registered to an Entity & Expenses
Asking for a friend? 🤫 Since he doesn’t have a CPA yet, he asked me to post here.
Where are my RE CPAs at?
How crazy is this idea? Could this work?
My friend works for a company that pays him an allowance for the u...
Shayne Brescia
GSA Auctions
Has anyone had any experience with a GSA Auction that has been extended and they dropped the starting bid to $10k? Can you actually win the bid at $10k?
Nicole Wood
Brand new to investing. Flip or rental?
My sister and are just starting in rei. We found a good deal for a flip in our area. We are afraid of the risk...as I am sure most people are to start with. We are just wondering what is easier to start with? Flipping...
Barshay Graves
Buying Property with LLC
My attorney said it was not necessary to buy property in the name of an LLC; that getting a high enough insurance policy would suffice? Any truth to this?
Bradley Culper
Investing in mobile homes
Hopefully I'm posting this in the right area. I currently own some land. This land is in my name. I have one mobile home lot which I rent. It is a cash basis. I am prepping this property for another unit which I w...
Chris Presnell
New construction insurance & workmen's compensation?
Hi,After spending some time accumulating rental properties and participating in a successful flip, a partner and I have set out to build a spec home. We have formed the LLC and have all the financing arranged. Our q...