Robin Greenhalgh
Question from a BRRRR newbie
Hi everyone, I am new to Bigger Pockets and just signed up for PRO. I am learning the BRRRR approach and one question that came to mind is whether this approach can be used for short-term rentals (e.g. AirBnb)? I'm wo...
Pierce Lovesee
Best CPA for Investment and Personal Taxes Oklahoma
I'm looking for suggestions on the best CPA to get established with. I'm looking for an experienced CPA, preferably familiar with both Real Estate tax and taxes associated with Oil Field consultants but the main thin...
Account Closed
Zero Capital Gains for lowest income brackets
Seller is single and reports W-2 income of $10K. Property being sold is non owner occupied inherited property, owned 10 years. Never treated as income property as it was always vacant. Property basis is $100K, prop...
Michael Sherwood
Rent Vs. Buy
I currently rent an apartment but I am wondering if it would be a better idea to own a place just because hey you can build equity. The main thing that is holding me back is I may only be in this area for a few years ...
Amber Baker
Temporary assistance for self-employed
Hi all.I have been running a profitable business since 2012. We had one huge client who was a large portion of our revenue. We were a little too comfortable with this income, since the facilities manager we worked wit...
Clayton Swansen
Possible Changes to RE Tax Code
https://www.nytimes.com/2017/04/22/business/trump-...Hi, Everyone! I came across this article in the New York Times today about possible changes in the tax code as it pertains to real estate. I am a new investor, havi...
Kenneth LaVoie
Insurance amounts
Hi All
I am trying to determind a couple of things about landlord insurance: Specifically, how much do I REALLY need. I use State Farm, and have been for years and years, but I am getting some more quotes right now. ...
Matt F.
How clean is clean?
My first tenants moved out the other day so I went over to the property today to change locks and do a few other things. I was surprised to see how dirty the property was. There was no damage to anything but they had...
Dominic Augustine
Claim Home Improvements as Deduction when Renting to Fiance?
Hello BP community, I am looking to buy a single family home and was wanting to know, if i rented to my fiance, while I am living there as well, can I claim the home improvements as a tax deduction? I would look to do...
Shawn C.
Magnet Signs and/or Car Wrap Tax Deduction
Hello I have a question concerning car magnet signs and car wraps as a tax deductible expense.I currently have car magnet signs placed on my automobile. I have those signs on my car 24/7. These signs are on my car whe...