Matthew Ewald
Writing tools off on my taxes?
What's up Bigger Pockets?Just a quick question for you. I am doing my first fix and flip investment and I'm doing the rehab myself. Can I write the tools that I buy to use in my business off on my taxes?Thanks in adva...
Arthur V Bernestine III
Fix/Flip …false alarm no current project !
Investment Info:
Single-family residence fix & flip investment in San Antonio.
** Important
This is a false alarm. No fix/flip project currently ongoing. The idea behind this is that in the future, th...
Account Closed
Real Estate Investing Career Plans
Hi Everyone,I'm a big believer in writing out your goals and visions for the future and having a plan on how to get there. I have just finished my 5 yr business plan for the beginning of my investment career and I wan...
Jason D.
Generating cash flow from industrial storage
I’ve been reading a book on futures and derivatives. As I was reading about futures they used examples of things you might write a contract on such as bushels of corn, etc. Right now oil markets are so flush with supp...
Kevin Lovill
FSBO Deals
Where do you get the contract for this deal and when it comes to closing I realize you have to use attorney what exactly does the attorney do at closing. Outside the closing what else has to be done like title search ...
Will F.
Private "Intra-Family" Loan - Secured against RE owned or
Intra- Family loans are just loans between family. The benefit would be lower interest rates for borrower and higher interest rates for the lender (compared to holding money in CD or bank)nerdwallet heres a brief a...
Alex Morstadt
Mortgage Note Accounting
Hello CPAs! I am struggling to get a definitive answer to the question - are payments from a Performing Note passive investment income or are they ordinary income? I have seen it described as both - and lets face it, ...
Scott Passman
Analyzing and tracking decisions long term- do you?
I keep an excel spreadsheet detailing all of my investment decisions, RE and non-RE, as a tool for me to use long-term to update and analyze my decision making skills. The way I have it outlined is very simple using ...
Corey Schaecher
Tenants Want Out 4 Months Earlier - Termination Fee?
I have three friends living together in a house who are splitting rent, but they're not getting along any more and all want out of the lease now. Their lease is set to expire September 30, 2017 and they want to be ou...
Farzad Nejad
Triple NNN Lease - How Insurance and Taxes are handled
How are the Taxes and Insurance handled in a triple NNN lease? - Would the Landlord bill the Tenants every year? Monthly? - Under who's name would the building insurance be under?- How are the Taxes and Insurance calc...