Hi BP,I’m struggling to calculate the potential tax benefits for owning a real estate investment property. My research has shown that the following are the greatest available rental investment property tax write offs:...
I purchased my first single family rental in Baltimore City and am currently looking to purchase a second one a year and a half later. In my opinion it’s a great market to find cashflowing properties and there are def...
Anyone have experience designating your LLC (RE rental income/loss) as a qualified joint venture? I am interested in reading all pros and cons of QJV vs. S-Corp, apart from level of complexity of tax returns. Accounta...
I am fairly new to the real estate game so pardon my poor description of this situation. My father lost his investment property in 2008 to the bank. He explained to me that the very same bank who foreclosed his proper...
Hi, thanks in advance for reading and any input. I'm not seeking legal advice but certainly if you think a lawyer is appropriate for this one, please let me know. I have a letter with multiple complaints drafted to ...
Hey all,
We have three 4 bedroom/4 bathroom units near a college campus that we need to rent out ASAP!
We need to find creative ways to get our property in front of students/realtors as most tenants search the In...
Hello BP Family, I need some help. So I was connected with a lender when I first expressed my interest of investing. For the most part I think she has my best interest in mind, but when I ask questions wanting to lear...
So I am brand new to RE and looking for a supplemental income, then hopefully to quit my corporate job. Because of these goals, I attended a free seminar by Todd Dotson.
The info he provided seemed logical e...
What are some of your ideas? I am new to REI and have just read some books so far but here is a start to the list:
1. Read books about REI that are recommended from a reliable source.
2. Go to REI groups/clubs/se...
I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way ...