Hey guys,
I am a new real estate investor and I am trying to save money in every way during our second deal, first rehab. I remember working for a real estate investment group and they mentioned taking the removed fa...
Which do you guys prefer to use and why? Is one better than the other two for certain things?
Hi everyone, this is my first post and I am looking for some insight on a situation that has arisen.Background: I purchased a duplex in Milwaukee and inherited a tenant in one unit that is on a month-to-month lease. D...
I am just starting out in investing here in atlanta. I want to take advantage of the real estates market out here, but my credit score is hurting me. (High 500's)
I Need to find a legitmate credit repair company that...
Selling my home and currently in the due diligence period. I sent my agent a list of all the items and notes of what my contractor and I were planning on doing to address the items called out in the inspection, and if...
Hello BP World.I currently have a Bachelors degree and a MBA so I understand basic accounting ( although sometimes I have to google a few things as I am a little rusty lol) but I need some help on Quickbooks.At this p...
I know this is a very basic question, but I've read quite bit about real estate investing and taxes at this point and haven't seen it clearly stated. Since the LLC is a passthrough entity, do the business expenses (pl...
My friend rented out his duplex to a family 2.5 years ago. After they moved out, the property was damaged significantly. The security deposit was $3000 but he spent closed to $5000 to repair it. He told the tenants...
In August we closed on an 8 unit property and inherited the tenant base. Most of these tenants would have never passed our screening process and we intended to proceed with non-renewals as leases expired. C property i...
Hi BPers,Since the standard deduction is so high now at 24k for married couples, its looking like it makes more sense to do that than itemize. If I could deduct the full 25k in passive losses, that would be a differen...