Cory Lader
Out of state investing in Philadelphia
Good Evening BP. I am looking to invest in Philadelphia but I currently reside in NJ. I am struggling to wrap my head around the disadvantages of registering as a foreign LLC as I have been unable to find some decent ...
Ari Steinman
Property Taxes in FL
Property Taxes is one of the highest recurring charges that we have to pay as landlords/investors.I'm told that in FL even if the taxes were low were a long time due to an old outdated assessment, after you purchase t...
Arnuv H.
Are condos in Oakland exempt from Rent Control?
Hi All,I am a newbie here and is interested in investing in Oakland. I am seeking help with the following questions regarding a property i am considering to put an offer:1. Are condominiums in Oakland exempt from Rent...
Nick Frey
Short term cap gains with income carryover losses
Short term cap gains basically get counted as income...you have $100k income and $100k short term cap gain, you basically have the same as $200k income.I've been very careful over the years and have tremendous carryov...
Kevin Durham
Can private school be a business expense?
Hey all, the more I learn the more I realize I know nothing! On my 3rd flip thanks to the help of this site. So, thank you for any reply!My daughter is now attending private school - 7th grade, and to my knowledge, in...
Paul B.
Small landlord exemption: always been $25K, up to $100K MAGI?
As the owner of a single rental property, I've been deducting rental losses every year, thanks to depreciation. I never thought much of it, because my W-2 income has always been well under the cap of $100,000 where it...
Hector Padin
Looking for help with licensing questions/doubts
I have been managing properties for a company that owns said properties for the last few years. We have always operated under the belief that "because we (the company) own the properties that we manage, then we are ex...
Jack Lee
Protesting my 2023 appraised value on investment property
Hi guys, I'm a new real estate investor and had just received my Notice of Appraised Value for one of my properties. And I must say it's a eye-opener for sure. For some perspective, I had closed on the property in Aug...
Debra Mittleman
Florida State Taxes for Real Estate Investors
I am fairly new to the state of Florida and in 2015 purchased my first investment property, a duplex. The state of Florida doesn't have state income taxes and usually it is not necessary to file a return. However, I...
Cindy Schneider
First time landlord doing the first tenant turnover
I am currently house hacking a duplex and when I purchased it last November the renters on the other side stayed and now they are leaving the end of July. I plan to do a minor remodel on that side and have the unit av...