So I'm wondering what frustrates RE investors about the legal field or what your biggest needs are from an attorney? (Flipping, landlords, wholesale, etc.)
I'm trying to figure out who I can help and what the bigges...
I know this is a very basic question, but I've read quite bit about real estate investing and taxes at this point and haven't seen it clearly stated. Since the LLC is a passthrough entity, do the business expenses (pl...
Hi,I have a tax related question on the rental properties. I read that rental property purchase value will be depreciated to 0 over the course of 27.5 years and that depreciation can be tax deducted every single year ...
I was reading this article on the site...https://www.biggerpockets.com/renewsblog/advanced-...It says that a new HUD ruling says landlords can't have a blanket discrimination policy against people with a criminal reco...
Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...
I see numerous threads on umbrella policies here, but I am still not 100% clear. Few questions.1) Does the umbrella policy on my primary residence also cover any rentals I own? I think the answer is it depends on the...
What are standard terms and conditions when raising capital from investors for a real estate investment? - Who carries the personal guarantee on the debt?- What is the standard GP / LP split?- Are deals that are fina...
My wife and I own 3 rental properties and our primary house. We both have W2 jobs and gross about $130k together. We are not real estate professionals. My CPA says it’s best for us to take the standard deduction despi...
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of personal itemized (Schedule A) deductio...
Is early retirement healthcare crushing your budget? Are you tired of getting your standard two percent raise every year? What do you do when a “friend” borrows money and never pays you back? Some personal finance que...