Hello All: Any help will really be appreciated.I have a regular full time job with W2, married, started a single owner LLC in 2021 and purchased a property under the LLC in Dec 2021 with the intention to rent it. Then...

I recently met with a financial advisor who wants to win my business.  The conversation was on the whole very good as there were some things that I hadn't considered that my wife and I need to tend to in order to shor...

Hey Bigger pockets family were having a current issue where the current loan balance is 207,000 plus has a year of taxes and water bill . The total the seller owes is $220,000Our goal is to sell the property to an en...

Moved to Alabama topic

Hello, Bigger Pockets!I live in VA, but I’m considering investing in OH. I need to create an LLC, which I was going to do in Ohio.I would like to talk to a CPA about it. What is your advice for finding a reliable CPA?...

Hey guys, I have my first flIp under contract. If I keep my budget in check and I am rIght about the ARV. I stand to make a good profit. Is there anything I can do to now, while waiting to close to prepare for legally...

Newbie question here.  I was looking at a MF property with 10 units listed for $485,000, however, when I checked the county appraisal site just to get a rough idea of their assessed value, it shows $170K for both asse...

Hi Friends, -Any recommendations for a reputable Cost Seg company servicing San Diego, CA?-Please share a link and/or pricing to check them out!Thank you,Jon

I'm closing on a piece of property this week.  It has two single wides currently.  One has the VIN and other info on a sticker in the master closet, so I'm good on that one.  The other has been "remodeled".  All inter...

The tax publications say when converting a personal home to a rental, the basis is the lesser of the FMV or adjusted basis. 1. Is there any rule saying one couldn't do a cost segregation when converting, to bonus depr...