Has anyone ever questioned what their CPA told them and gotten a second opinion from another CPA? I currently work with a CPA who does not specialize in real estate tax, and I'm second guessing some of the answers sh...
I have a CA resi wholesale deal. Need to go to contract and don't have an entity set up. I want to avoid the 800 extortion fee since this is just a single deal and I'm not regularly operating in CA. I'm a CA resident ...
Hi. I’m wondering if it’s possible for a married couple to do this: 1- for spouse A to hold title to an investment property (in CA) as “sole and separate”. 2- for that property to *automatically* be transferred/inheri...
Investment Info:
Small multi-family (2-4 units) buy & hold investment.
Purchase price: $146,000
Cash invested: $46,000
Ist Investment Property, 3 bedroom 2 bath duplex each unit. Bought to provi...
Hello BP family,My name is LaRaye Alderman and I am a New hungry REI investor with questions. I was informed to post my questions here and that the BP family would help me answer my questions. I haven't done my first ...
I have rental income from my primary residence which I use as a STR, since we live overseas. In talking with my current accountant, I am concerned I am missing key items in my tax filing strategy including:1-Rental in...
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $60,000
Cash invested: $60,000
3/1.5 single family home in the Cleveland area. Newly rehabbed, purchased turnkey
...
Hello Biggerpockets Family, Need help with two things:I need recommendations for a reputable firm that can perform a cost segregation for a STR investment in Fairfield County Connecticut.Concerning the passive activit...
Hi - I'm curious the best way to approach that initial investment purchase. Should I buy it and move it under an LLC? Buy it as an LLC? Any suggestions? Thanks.
Hi! My wife and I just closed on a triplex in Berkeley, CA. While renovations are ongoing I'm looking for CPA and RE law advice.Any referral much appreciated. Remote is OK (no need to be local) as long as they're spec...