Good afternoon BP.So I'm still in my education phase of REI, and I just spoke with a CPA about setting up our legal structures and tax structure.He mentioned that accountant fees are typically $2K/year.I'm wondering i...
The scenario is the following:as a private lender, I have a 1st lien on a property (in washington dc) to a borrower who is an LLC - and unable to make payments. I am going thru the non-judicial foreclosure process to...
Hi BP community,I am an out of state investor from Washington looking to build a team around Central Florida, specifically Ocala. I have found a few properties I am interested in possibly investing as long term rental...
Hello BP Fam, I'm currently looking for a great real estate attorney to work with my investment company in the Oklahoma City area. Preferably an attorney that is very familiar with structuring & closing Owner fina...
Hello,Anyone who has experience in renting out 1bed 1bath condo in zip code: 75038, Irving Texas to travel nurses or doing Air B&B. It’s near DFW airport and 7/10mins away from Baylor Scott White Hospital of Irvin...
I talked to my CPA today and found out she wont file the correct amount of depreciation on my tax returns unless I show her all the receipts to corroborate. I own 6 properties and all of them have capital improvements...
I picked up a new tax accountant this year hoping to get help with this issue... and not only are multiple things incorrect on the return I just got back to review, but some of her advice seems *off.* (For example, I ...
Good morning everyone! My husband and I are so excited to begin our journey to financial freedom we can hardly contain ourselves but we are a little scared too. We both are in the medical field so this is definitely a...