I have been paying a CPA to do my taxes for 4 years and she has been amortizing an amount of $3,916 per year on a $50,000 course that I bought for my business in 2015. Do I need to do this as well? I am not even sure ...
Hi Everyone,I hope you all are doing wonderful first of all forgive me if this is in the wrong area of the forums. I figured I would go ahead and share because this website details your state laws as a landlord in a c...
Good morning fellow investors....So I am in the process of putting together a sub to deal...here Is the structure347k purchase price...147k owed @3.750...I'm assuming the 147k...borrowing the remaining 200k @ 3% from ...
I know investing in real estate does not require any specific background, but I am curious how the mind of an Architect effects real estate investing for the good or bad.I am currently working for a small firm and loo...
Hey BP community,I'm currently in the planning stages of rehabbing one of my units. I've never undergone a complete rehab before so I wanted to get some input from those of you with experience. To paint an accurate pi...
Hi everyone, I just closed on my first investment property this past Monday. I'm strongly considering managing the project myself. I received a very high bid from my contractor and that's why I'm debating running the ...
It seems every contractor wants at minimum 1/3rd, 1/3rd, 1/3rd (or more upfront), despite advice on here to not put more than 10% down.I've scoured the General Contractor Payments in the forums and it seems the ones w...
We are in the midst of a rehab (doing the work ourselves) and looking to see if anyone has a good app or website they use to keep track of receipts, able to itemize each cost and then export to CSV or PDF for tax and ...
When marketing your wholesale deals to your buyers do you include your own analysis breakdown of how you came up with the repair cost? We are debating whether or not to include that since it is only our opinion of th...
Anybody with knowledge with taxes: what specific items can you deduct for tax purposes? I know you can claim depreciation on your home and gas for going to and from your investment home? Anybody have a list? I know I ...