Steve Fitzgerald
Operating Expenses vs Journal Entry
This might not be the right forum, but I thought I'd give it a try. I'm keeping my own books for now. For those of you who are keeping your own books do you typically count your principal, interest, and escrow as oper...
Alex Bacon
Looking for a CPA in Ohio
Hello all, I'm purchasing my first multi-family property in the Cincinnati area closing May 14th. Any good suggestions for a CPA that knows real estate taxes in Ohio? Thanks, Alex
Joe S.
What kind of percentage or dollar amount for Markerting?
So the question is what kind of marketing budget are you using for your business? Do you work it some months more than others? If you make an extra profit some months do you market extra with that or simply treat your...
Account Closed
Tax advantages of incorporating
It is my understanding that the tax advantages of an incorporated real estate holding company for buy and hold investments do not kick in until there are at least 5 full time employees on the payroll as this is the po...
Steven Burrows
Solo 401k
Looking to open a solo 401k under my current Home Improvement business which is a LLC. Need checkbook control and ability to take loans. Any recommendations from those that currently have the same.
Ruan Joubert
Partnering to get a mortgage
Looking to buy my first STR, I have private money to fund the down payment. But my w2 doesn't qualify me for a mortgage on this property.Different options are available - such as partnrship with private lender where h...
Mike Mitchell
Taxation of single member LLC
My accountant reported my interest income from my mortgage note portfolio as interest income with no schedule c. Could I lower my tax liability by reporting the interest in another way? This came up because I had an...
Peter Kim
Which income source can you write off investment properties?
Do you write off the expenses, improvements, depreciation ,etc of your investment off your A) rental income (cash flow) or B) primary income (full-time job)
David Wilkes
Family Loan w/ Single-Member LLC Question
Hi All!Brand new to BiggerPockets and am hoping that someone out in the forum community may be able to provide a bit of guidance on an interesting topic for me. As a bit of background, I'm a resident of New York stat...
Kaylee Loomer
How should I be investing at 18?
To be honest this is a bit off the topic from real estate but I am a bit puzzled as to how I should be investing into the stock market. I’ve learned all there is to investing into Roth IRAs, Index Funds and ETFs, but ...