Jeff Morris
Setting up company/corporation
This is my first post on BP. Looking for best info on setting up company for investing business. 1. is there a one-stop source on BP that I am unware of, or other source I should look at?2. What type of corp is best, ...
Christopher Cooper
Newbie, Fresno Ca
Hello Bp,My name is Christopher Cooper I have heard great things about Bp and I am very excited to be apart of the community. I joined to network with other investors in the Fresno area as well as out of town investor...
Saman Jafari
Writing off the remodel expense for a rental property
Hey all,I am on W2 and curious if I can pay less tax by writing off the remodel expenses of a rental property (that’s is under my name).As an example, if I earn 80k, and I remodel my rental property by spending 40k. w...
Jacob Fabrey
New Member From San Diego
Hey Everyone,My name is Jake and I'm a 27 year old civil engineer here in sunny San Diego, CA.I moved here from Cincinnati, OH in late 2012 (parents/extended family still live there) for a job opportunity and have man...
Russell Roberts
Tax effect of personal residence cash out loan used for investing
I did a cash out refinance on my primary residence in 2017. I did Not use the loan proceeds to buy, build, or substantially improve my primary residence. Instead, I used it to fund other real estate investments. So...
Derrick Camber
W2 Server with a 401(k) transitioning...
Hi Everyone,I was reading Amanda Han's great tax strategy book and was thinking along the lines of the Solo 401(k) to put my money to get a tax deduction and use to fund deals. I am currently a W2 Wage Earner in So C...
Cathrine Mcnair
I'm a newbie!
The title says it all ! I am one part of a business partnership and we are excited to began this business venture. When we began we thought about paying for more a formal "education" in RE. Thank goodness we didn't go...
Jj Kell
CPAs who specialize in RE investing
Hi, I just bought a multifam (3family) in Boston and am looking for a CPA who is well set up to handle these things but priced reasonably for the small time individual investor. I havent read the rules of the forum s...
Andrew Casal
List of Books from Episodes
Hello everyone!I couldn't find it on the site, but is there a list someone of all of the favorite real estate & business books from the podcast episodes? I know there are some hidden gems in there and was hoping f...
Allison Flores
TAX DEPRECIATION FOR LANDLORD
Hi, I am new to investing, I do have some properties with my mom but I am now looking to expand our investment and to dive into tax benefits since I was so unaware of it for so many years.
Does property depreciation...