Kevin Kendall
Scedule E, Scedule C or 1065 partnership
My wife a I are buying our first rental property and I am trying to figure out how to file our taxes. We will transfer the property to an llc. We live an the property is in co which is a marital property state and the...
Account Closed
From MLS to Yellow Letters
I've put in 18 offers so far on SFR's/multi's and have been rejected on each and every one due to a number of reasons - when there has been a good deal on the MLS, especially, other buyers are offering cash while I ha...
Douglas Vogel
SEC securities Property Liens
Hey guys,I was curious, if you have an investor willing to lend money on an asset and take a second position lien, is that considered a security by the SEC? Or are you within your the laws to give a lien in return for...
Huma Siddiqui
flooding
We came back from very long trip and then found my apartmnet was flooded , they drilled holes in ceilings to drain apartment above us , holes everywhere on our ceilings, made our rooms flooded, furniture damage kitche...
Mike Gordon
General LLC Questions
I think I'm ready to form an LLC for the next property I buy and am currently writing a few offers. I had some questions about LLCs that some of you might be able to answer: - I'm thinking of filing in Nevada or Wyomi...
Jiang Hu
How much do CPAs uaually charge for 1031 exchange tax return?
Hi there,I am wondering how much do CPAs usually charge for a tax return that involves a simple 1031 exchange? $500? I searched on Google but couldn't find much info. Thanks in advance James
Steve Bradigan
Good Evening BP Nation
My name is Steve Bradigan, I live in Annapolis, MD and I've been following BiggerPockets for a little while now. The Pods are great, recently started at the beginning, I've got a little ways to go yet. I'm not a newbi...
Abraham Vasquez
Seeking help for a newbie like me in the Fresno, ca area
I am new to BP and I am grateful because I have learned tons. That being said I would love to connect with local investors in Fresno area that will be able to give drop some knowledge on a motivated new real estate in...
Jose Valdez
Rental property insurance
Hello! I might soon be purchasing my first rental property and needed some help. Is renters insurance needed? If so, why? Or is the landlord insurance all that is needed? Thank you!
MIke Adler
Help with form 3885a (bonus depreciation) for California state return
Hi BP community,Invested in my first real estate syndicate last year. Received the K1 from the partner and completed the federal return easily. How can I accurately complete Form 3885A for my real estate syndicate inv...