Luke Tetreault
Finding a good CPA
Has anyone had troubles in their early years of investing finding a responsive CPA? I am on my second CPA / Advisor and continually running into the same issues. I do a little bit of everything, flip homes, hold renta...
H. Jack Miller
Beware of Appraisals: I would not at face value, some of them are a joke.
I looked at a loan request today. I know the area very well in Philadelphia, without seeing anything my first thought was the property was worth 350k or so. The appraisal came in at 640k, the comps they used were out ...
Christopher Beasley
Help with DTI denials moving from first home to 2nd
I am pre-approved for $350k. I am using a VA loan and must live in the house for a year before I can move. The payments would be $1976 because I am exempt from taxes. My income is $7600 a month and I have $600 in debt...
Michael Plaks
Tax reform Q&A Thread 1 - Pass-through and 20% deduction
Colleagues and friends, The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of pass-through entities (Sch C / Sch E s...
Rich Weese
Just accept it – we're going broke!
http://www.deseretnews.com/article/765606100/Reclaiming-Americas-social-compact-through-entitlement-reform.html?pg=2
I hope people will take time to consider this article and the charts/graphs that are in it. Those t...
Jon Loca
Minneapolis Lawyer familiar with elderly asset protection and RE
My father and I purchased a property 2 years ago cash. At the time of the purchase the property was deeded solely to his name. I would like to now transfer the deed to an LLC, in my name, while doing a cash out refina...
Miguel Feliciano
Multi-Member LLC Taxation
I recently filed for an LLC with the state of Florida that includes myself and two others.When filing for an EIN, if I choose to be taxed as an S Corp (form 2553); will my LLC become an S Corp or remain as an LLC with...
Calvin L.
How to swap ownership with a sibling?
Hi I own two properties of roughly equal value with my sibling. Each of us own 50% / 50% of each property. What's the best way to swap ownership so that in the end each of us own 100% of one of the propertys? Is there...
Kenya Maclin
New member from Missouri
Hello BP,I am a new Real Estate Investor in the St. Louis metro area. I'm interested in wholesaling, fix & flip and rentals. I haven't done any deals yet but I've learned a lot from BP so far. Now I'm ready to get...
Joseph Harper
Do we LLC if wife is going for RE license?
So my wife and I were brainstorming thinking about how we want to establish our presence in this market and ran across an interesting predicament. She is looking to attend a class and get her license for real estate a...