Natalie Schanne
Tax Accounting for Joint Venture on a Flip - Paying His Invoices?
@Brandon Hall @Natalie Kolodij @Linda Weygant CPA <3 What's the best way to account for business expense deductions during a joint venture flip? I have read websites like http://www.double-entry-bookkeepin...
John Acklen
At what point does it make sense to bring Property Mgmt in house?
Hi All - We're looking to start growing a multi-family portfolio in the Midwest and I'm trying to line up property managers to handle the units so I can keep my focus on acquisitions and development, but I'm not findi...
Lauren Hogan
Why Do You Invest in Utah + Odgen, SLC & Provo?
BiggerPockets! I'm working on building a landing page for the state of Utah and cities of Ogden, Salt Lake City, and Provo. Would anyone be willing to share why you choose to invest in the state and/or cities? What ma...
Ben Leybovich
Furnished Units in an Apartment Complex
Think of it this way:If stabilized operations presume 5% physical vacancy, then if you could squeeze 2x the income from 5% of the units in the community, you could effectively "erase" the entire 5% vacancy.This is the...
Harpreet Singh
Self Directed IRA - LLC
My wife just opened a self directed IRA account with Quest Trust Company. She was told by the attorney that Quest won’t allow her to be the manager of LLC. Attorney said that most other custodians allow that. I got gr...
Account Closed
multiple self directed retirement accounts
ok gang, i'm trying to wrap my head around this stuff..can i do a combination of a self directed (or solo--not sure the proper term), AND a roth (either IRA or 401k)?? I would really like the solo 401k, since from m...
Michelle Fox
Corona virus and rent payments
I’m beginning to get messages from tenants who are in the service industry that have been laid off due to corona virus and can’t pay rent. Any suggestions on how to address this issue.
David V.
Rental Income & Social Security
Questions for you Tax Pros out there. Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year. Assumptions: Social security is taken before full retire...
Nathan Gesner
Will rents go down and vacancies go up?
Australia is seeing major vacancies and drops in rent rates. Are we next?The Guardian: Karma time for tenants as apartments lie vacant and rents plummet.https://www.theguardian.com/money/2020/sep/05/karma-time-for-ten...
Jill Green
ROBS - anyone have any experience (vs.self-directed IRA)
I am interested in starting a flipping business with a friend. This friend is already a successful flipper, but needs more capital (so we can buy at auctions, etc., for cash).I lost my job of 28 years, and have a 401...