Ryan Sommer
Opinions on Newhall Ranch development effect on home values?
Apparently this is getting approved and moving forward and there will be 5500 new homes built right by Magic Mountain and 21,500 total units including business space, retail, elementary school, fire station etchttp://...
Ed Walter
Newbie from Tampa Bay, FL
Greetings; my name is Ed Walter and although I have 37 years of real estate experience as a Broker and appraiser, I have only owned 3 homes. So I am looking to expand that number significantly this year. I am not s...
Hernell D.
End of Year Tax Strategies
With the end of 2017 upon us and tax season quickly approaching, what general tax strategies should investors, or those looking to invest, make sure they take advantage of in order to get the greatest return and set t...
Ben C.
S Corp Limitations?
The main benefit everyone's raves about, in regards to using an S Corp to flip properties, is being able to funnel some of the profits as "distributions" and limit self employment taxes.
However, in my situation my ...
Fay Chen
CPA or Bookkeeper?
So I'm starting out with one SFR and looking for someone to help me with taxes. I found a few bookkeepers who also prepare taxes. One of them is a real estate investor himself! Can anyone help explain to me the practi...
Joseph Niedermeyer
Newbie question on personal income and rental income deductions
Long time lover of real estate but relative newbie to investing. It’s tax Season and in doing our 2019 taxes I asked about strategies for reducing taxes. I made just shy of $100k last year and want to start investing ...
John D.
Entity Creation, Bonus/179 Depreciation, and Offsetting Same Year Income
We need some general input on getting started from the ground up with a decent amount of money to initially invest from the current tax year. We operate a professional two-owner LLP unrelated to real estate (other own...
Jon Rood
Does the 2% or 50% rule apply to new construction?
I am thinking about building a 6 unit building. Each unit is 3br/2ba and would rent for 850.00. This is a little below market to be conservitive. I can build the project for an all in cost of $385k. This would be a ca...
Victor B.
How does accelerated depreciation work + request for resources
One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...
Edna White
I need help crafting a deal
Good day! I need suggestions on crafting a sub 2 deal. How can I negotiate to buy a house that didn't sell at $749k on the open market, subject to the existing mortgage with cash over, seller pay the broker fee and ...