![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/3049078/small_1729975670-avatar-brodyv3.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1190355/small_1621510037-avatar-sabha.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/262194/small_1621437150-avatar-martyn1.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2359892/small_1644892756-avatar-stevew371.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2864868/small_1698398732-avatar-pavelg10.jpg?twic=v1/output=image&v=2)
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 ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/711028/small_1621495877-avatar-adebowalea.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/826904/small_1621499605-avatar-thorton_wilder.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1831224/small_1621515939-avatar-marce35.jpg?twic=v1/output=image&v=2)
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 ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/908035/small_1621505363-avatar-bryanc119.jpg?twic=v1/output=image&v=2)
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...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/122309/small_1621417855-avatar-lamarcannon.jpg?twic=v1/output=image&v=2)
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...