Josh Mahan
Kris Krohn partners how has is gone for you?
I am looking for a few people that have partnered with Kris Khron on Single Family. Would love to hear how it went/is going. I know this has been discussed in other posts but they seem to be full of opinions and not ...
Jeff D.
flipping out over possible s-corp loss
Here's my simplified as possible scenario:
in 2011, I set up LLC, bought and sold flip title in LLC, LLC made 25k profit on sale of flip. Took 25k out of LLC account and put in my personal account. Towards end ...
Nicholas A.
Miami Florida Metro Area home insurance, flood insurance, other costs
Hey Everybody,I created this post because I have been hearing about all these rising costs of living and investing in Florida and I want to see what is true and what isn't. I would appreciate any opinions and input!Th...
Candace McCutcheon
Cash or Accrual Accounting?
I have read from several sources that RE investors MUST use the cash accounting method. Our CPA says this is not true. If the state is important, we are in SC. Can anyone confirm this one way or another? To give i...
Brandon Stiles
Questions about using LLC for flips...
I know I need to sit down and talk to an accountant before moving forward but I was hoping someone could help clarify a few things for me.I'm planning on creating an LLC for house flipping. Mainly so I can elect to be...
Darsh Patel
Investment Property Sale Tax Question
Hi Everyone! I sold 4 properties in 2022. The total net proceeds to me from the sales was $85K because I had loans on all 4 properties. I spoke with my CPA and he said that I would have to pay taxes on the difference ...
Luke Carl
Removed from Airbnb and Sucessfully Relisted?
3000 bookings into my career I’ve been sent to the trust department once. They ruled in my favor. But ever since it’s been in the far back of my mind. So...... Has anyone ever been booted from Airbnb for say..... a gu...
Kurt Granroth
Where are your funds kept prior to an investment?
A common way to kick-start a real estate investment is to wire the funds to wherever they need to be. Maybe it's $25k, or $50k, or $100k. It's money that you have in an account that is then transferred to somewhere ...
Jakob Claret
Business Checking Account vs Regular Checking Account
I'm looking to get started in Real Estate and Bigger Pockets recommends getting a business checking account for each property you have in order to keep the accounting nice and clean.When I went to sign up for said acc...
Andreas W.
Subject 2 two question
I am in the process of buying a property in NC from a wholeseller who, I suspect, has acquired the property using a section 2 deal. I am not experienced in subject 2 and have a few questions:The wholeseller needs the ...