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Hi All!!
I'm a part-time real estate investor who just found out about BP last week. I went to BP Meet up in NY last night and it was a lot of fun to meet fellow investors!! I believe it was a first time in N...
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Because I cannot take advantage of active deductions related to my real estate rentals, I am wondering if I can pay myself as the "administrator" or property manager of these properties? The IRS believes you can't ac...
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Hi!
I have been approached on getting my business credit increased for $3500 for the year. They promised first year 0 interest for loans anywhere from $50 to $250k with their advisors. Anyone have experience wi...
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question ,,, if i buy a tractor to scrape weeds in the yards of my rental houses,, for tax es how is the deduction applied since it will be used equally for all my houses? :D
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Hi all,I found a piece of land for sale for a good price at auction that allows financing. Thing is, I don't want to do anything to the land right now other than demo the house and fence the lot for later until I'm re...
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Hello Everyone on BP,I'm from Edmonton, Alberta, Canada and have a question in regards to Mortgage Brokers.In terms of investing is there a difference or specialized fields for mortgage brokers / mortgage specialist? ...
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I have seen many posts warning not to get involved in monthly option credits in view of Dodd Frank Act. I have downloaded the entire act and would like someone to direct to that section that deals with monthly leas...
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Formed a 3-way LLC partnership in 2018 but no business was conducted. How much should it cost to file and does each partner need to file separately? I received a quote for $600 and this seems outrageous. Also, does an...
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I know all you youngsters think you won't get older but it happens. So what you say.For those of you that are socking money away in tax deferred accounts planning on taking it out in old age. If you have a lot and you...
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My wife and I need a CPA with real estate expertise. We have explored a few options, but we haven't found a good fit yet. We currently have 18 units, so we need someone for whom that is not too small a number to be bo...