Hello BP!
I am new to (actively) using BP, and I am looking for someone in the Charlotte area who could use some assistance in their real estate investing to in return help mentor a newbie (me), as I hope to start ...
I am looking for a CPA for tax advice in Burbank or the surrounding areas of Los Angeles County. Hoping to find a professional who is an investor him/herself. I have questions about whether or not we should form an LL...
The 179D Energy Policy Act gives taxpayers a deduction for installing energy efficient assets such as the building envelope, HVAC and lighting. It is for apartment buildings greater than 4 stories and newly constructe...
I spoke with my lender last week and he told me that as of I believe June 4th or so, Fannie edited their guidelines and it is basically impossible for a self employed (no W2) person to get conventional financing right...
I am looking into how to properly document my time to make sure I qualify myself as a real estate professional in the eyes of the IRS in order to write off my passes losses off against my active income. What do some o...
To all that either have had the opportunity to deal with attorneys and CPA's or not I will take all advice given. I am just beginning and wanted to know the basic steps in vetting a attorney and CPA. What are the basi...
@steve hamilton and others, I know the question of whether to issue 1099s for rental properties has been beat to death, and we do issue 1099s because landlording is my business and full time occupation.
My qu...
I've read in other tax forums assertion of IRS auditing real estate pro's... Just another issue. My guess is that risk comes from actually negating ordinary income with real estate losses in execess of >$25k. ...
Hey Everyone,I hope everyone is having a great holiday season! I’m looking for guidance on whether it’s worth opting for a rapid report for a cost segregation study, which is less expensive than a full site visit. Wha...
Hi everyone,I have a few questions around material participation for an STR:1) Activities that count: does anyone have a list of things we know for sure count (eg based on court cases?) Do home improvement activities ...