Stephan Nemeth
Short term rental tax planning
Hey BP,I have converted a couple long term rental units to short term in 2017 and plan to convert several more in 2018. I was hoping to get in touch with a CPA to work on some tax planning for 2018 as well as get a b...
Oladimeji Sonibare
Increasing value of multifamily properties
Hey, All.
I'm looking to purchase a mid-sized multifamily property with a partner. He's providing the bulk of the funding; I'm analyzing the deal. Where I'm stuck is figuring out how to add value. I understand that M...
Gary P.
CD's, Turn Key REI, Stock Options comparison
A post in the landlording section inspired me to review and post numbers. One thing to think you are being honest with yourself, quite another to put it out there for critique by more seasoned investors.Putting my num...
Diva Rescia
multi family lenders for out of state deals
I am looking to purchase a 20 unit deal out of state. I currently live in CA, but looking to invest in a different state. Other than speaking with a mortgage broker, almost all the local lenders (commercial) mention...
Whitney Moore
New to Bigger Pockets and Real Estate Investing
Hello Everyone!!First let me say that I am excited about joining bigger pockets community and getting into real estate investing. I look forward to gaining insight and learning from everyone that is willing to help! S...
Navid A.
Schedule E or Schedule C
BP,
Lots of ambiguous info out there regarding these tax matters (to be expected). If I have 6 rental properties, all under a single-member LLC, is it worth exploring the option of listing income on schedule C and t...
N/A N/A
taxes on a rehab or flip
I am interested in getting into flipping or rehabs. I read a lot of posts by r2d2 up in Canada, but one thind I havent heard info on was lets say I buy the home for $150,000 and I put about $10k into it (just making t...
Robert Walden
How much does lack of eating space deduct from ARV?
I'm looking at a nice 1,200 sqft 3-Bdrm SFH in the Scott park area; decent street, newly-renovated, walking distance to the university. However, it doesn't have a DR. It essentially has just a decent-sized "working" k...
Kevin Trumbull
Do I have to have a company to write off travel expenses?
I'm a new to-be real estate investor and I was wondering if I will be able to write off travel expenses if I do not own a company.For example, I'm looking at purchasing a property outside my local market. I do not cu...
Tavis Stice
Setting house rules when you have roommates
Needing a little guidance. I partnered with my son to purchase a house hack for my son while he attends college. We found a good house with 5 bedrooms about 10 minutes away from his university. Financially, it’s wor...