Sanjai Dayal
Own commercial building, I use 2 of 7 offices for medical business- pay myself?
The commercial office space is owned by my LLC. I need to allocate a certain rent to pay myself as I use 2 offices working as a medical provider (another LLC). The higher the rent, the better for tax purposes. Is ther...
Jonah Lamour
Fix & Flip Investors!
Hey BP fam, just came across a property that I can’t pass up! (Fix & Flip)I believe there is a specific platform on BP to post my analysis, where is that exactly?
Bryan Martineau
401k to solo 401k, or SDIRA, or other options?
My wife has a Roth IRA, and I have a 401k. We are wanting to buy a third multi unit and and wanting to tap into these funds for this investment, However I am lost as to which route to take in doing this. We also have ...
Sofia Galan
How to explain Sellers "Seller Financing"
Hi everyone I am Sofie new investor,
I want to know how to explain Sellers the benefits of "Seller Financing" does someone have had any expirience with that?
Sachin Amin
Tax benefits from Qualified opportunity zones
Hello tax expertsAny recommendations on how to avail tax benefits on capital gains, was researching and found out QOZs (qualified opportunity zones) there is a new tax law which allows capital gains to be invested in ...
Austin Hendrickson
Opportunity Zones - new potential PERMANENT tax savings?
Hi Everyone,As a CPA who specializes in real estate I have been doing some reading on the new Opportunity Zones (OZ) passed effective 1/1/18 with the new tax law. While guidance is still a bit unclear and more researc...
Greg P.
HOA assessments not benefitting all homeowners; state of NC
Hello all - I thought I would come to this community for advice on a matter that has been a problem in a neighborhood I own two properties in for over 5 years. This is in the state of NC.Situation: I own two propertie...
John Stewart
2 Flat addition upward
What is the process for building UP on a chicago 2 flat? The building is a 1925 - built two flat that I am entertaining the idea of adding living space upwards. This would not be an additional unit, rather it would ju...
Natalie Kolodij
1031 Exchange Deadline EXTENDED
IRS Released Notice 2020-23 which basically extended ...everything left that was due before 7/15...to 7/15. Additionally, It included some wording that referenced back to an IRS rev Proc 2018-58 which was released a f...
Jay Kumar
Private DIY Qualified Opportunity Funds
Hi all! I am reaching out the this community on a specific topic – DIY closed/Private OZ funds.
If
there is anyone currently involved in or researched the Opportunity
Zone Fund process to benefit from incentive...