Really excited to get to work on my first renovation and flip in Westchester NY. Purchased a house from bank for $589K and need to turn it into an ARV $800K home. Have read all of J. Scott's work and am building out m...
Hello BP nation ! If we would receive K1 income from own business, would it be considered passive income? If so , can we use the suspended real estate passive loss (Suppose tax return over 150k) to deduct K1 income...
Hi,I'm currently working with a property manager to lease my our property. It has been 3 months and we have yet to land a tenant. Periodically I get update from the property manager about new applications, but is ther...
Does anyone have a good guide or book in setting up QB 2014 for landlords?I cannot find anything other than landlordaccounting.com. I just posted there to make sure it will work with 2014.Thanks in advance,Kevin
Hey guys! Im trying to refinance a loan but it may need to be underwritten as a long term rental rather than a short term rental like I planned. So, was hoping someone could help me figure out what my 4 bedroom condo ...
I've heard people say that you should invest in your own backyard before branching out into different areas. While I understand that, my problem is what if there isn't any apartments to invest in near me? The only com...
Hi All, I am an investor as well as a Realtor in Georgia ( Atlanta area). I can use advice on how to focus my skills to help more investors. Honestly, this not a plug for business but a real effort to reasearch what i...
Hello BP members/team, Glad to be a part of this inspiring group. I am fairly new to RE investing as a path. I have a SFR in NC that I raised my family in and later turned into a rental. Learned some good lessons the...
Hello,
I need to immediately relocate to San Francisco and its is not making any sense to buy a SFH in the Socal in places like Pleasanton, Fremont, etc so I was thinking I should house hack a multifamily. What accor...
I am looking for a QuickBooks expert/accountant local in Indianapolis that I could meet with to assist me with closing my books in preparation for taxes. All books are up to date and balanced. Need to perform year-e...