Nate O.
New tenant is moving in, what can I deduct from the Sec. Deposit?
I am a couple weeks away from placing a new tenant in my first rental property. The tenant that is leaving has kept the place reasonably clean throughout their stay. I'm going to have the carpets cleaned for the new t...
Leigh Sershen
Triangle area - North Carolina. Rental Property and taxes
Newer Landlord - have done my own taxes historically and felt pretty confident in them. Not as much now with a rental property. I am HUGE on using people who are recommended (for just about anything). I don't like tak...
Brian Bradley
California Private Retirement Trust (PST) and Asset Protection
If you are a CA resident on searching about Asset Protection you might have read some of my other forum post on DST and its benefits for CA Investors. Another option for CA investors is the Private Retirement Plan/Tru...
David Gotsill
Tax Treatment for a Condo Jointly-Owned with Adult Parent
I was hoping for some general tax guidance (US taxes). Of course I'll consult a professional, but I'd like to be sure that at such time I'm asking the right questions. I seeking to understand how to (or what options...
Tyler D.
What's the quick and dirty on carrying forward tax deductions?
I'm building my real estate portfolio but have no traditional income. I will be getting a W2 job again in a few years, and wanted to know if I can carry over my unused deductions from previous years? Where can I find ...
Neddie Smith
Partnership Income / Deduction Split
Hi BP. I have a feeling this will be a stupid question but here it goes.I have a partner who only wants the tax benefits of real estate and is not concerned about the property income. Is it possible to purchase real e...
Darshil Parikh
Renting Back House and Front House Separately.
Hey BP friends - I have an interesting scenario. I own a property which consists of a front house - 2 beds/2 baths. It came with a detached studio (500 sq ft with a bathroom) - the studio has a separate entrance, pr...
Ryan LaRocca
Taxes and Startup Costs
Hello BP,
Was hoping to get some insight on running a business and some of the tax benefits involved. I am mostly interested in the possible tax deductions that I can get from spending money on my real estate...
Tar-U-Way Bright
How could I use my LLC
Hello Everyone,
I'm preparing to purchase my first investment property in the new year, which I plan to house hack. I already have an LLC that I originally set up as a business entity to facilitate managing, overseei...
Carrie Zhang
Can you reimburse yourself?
Can I use my personal credit cards for business expenses and somehow expense it to my LLC bank account? I really like the points benefit I get from those credit cards (i.e. Chase Sapphire Reserve, AMEX Platinum, etc...