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Results (10000)
Brody Veilleux Managing multiple bank accounts and accounting for them
9 November 2024 | 9 replies

I have a savings and checking account for my llc, and each property, all under the same banking app. I also have a separate mortgage account for each property. When you add the accounting into all of this, it’s been q...

Sabha Qureshi Choosing an accountant
1 February 2019 | 5 replies

Any advice on what questions or what to look for into an accountant that specializes in real estate? I keep hearing about how some accountants were able to deduct so much etc etc. I just need to find one.  When I spea...

Marty N. Year End Tax Strategies
23 December 2015 | 5 replies

Hello everyone, I have one single family home as a rental property that I purchased in March 2015.  It cash flows on a monthly basis pretty well and I was just wondering what I can do to maximize deductions on my 2015...

Steve Wright Repairs & Maintenance Deduction on First Rental?
18 February 2024 | 9 replies

Hello!  Last October I moved from my former home and am now renting it out (to my daughter and her boyfriend).  I understand that I can deduct repairs and maintenance, though not improvements.  My question is, does th...

Pavel Gos Basic tips for real estate investors to save money on taxes
28 October 2023 | 2 replies

I'm a new real estate investor, and I found some basic tax tips, which I want to follow:
1. Depreciation - a non-cash deduction that allows me to deduct a portion of the cost of properties over their lifetime.
2. I ...

Adebowale Asaya Converting FHA to an LLC
17 December 2018 | 5 replies

Hi - I purchased a multi family with an FHA. I lived in the unit for over a year, and am looking to move and rent out the unit, and finally convert the building under an LLC. My mortgage company doesn't allow this. An...

Josh Turner Different LLC's for Different Multi-Family Properties?
7 October 2017 | 23 replies

First time poster seeking legal input.  I own a handful of small multi-family units, plus a few single-family rentals all listed under the same LLC.  Considering purchase of an occupied quadraplex...from a legal stand...

Marc Estepa Attn Tax Professionals! Need guidance with business tax write off
15 November 2020 | 3 replies

As a landlord currently managing properties, everyone says that you are running a business. In doing so, do you get all the traditional protections and tax write offs as any other business owner?  Doing my taxes last ...

Bryan Cork Legalized marijuana and the effect on the market
18 November 2017 | 21 replies

I live in Colorado Springs, and we have dispensaries all over town. And I know that as well as store fronts that sell, there are a huge number of indoor grow operations that operate in industrial areas, as we as in re...

Lamar Cannon 4 Ways to Become the Go To Wholesaler in Your Market
30 August 2015 | 6 replies

In my experience, being recognized as a top wholesaler in your market is very valuable. Here are 6 tips we used to do that in the Austin, Texas market. 1. Be Honest - Integrity is a HUGE part of being a great wholesal...