Shawn Dandridge
Buying HOA Liens
I am wondering if I can go directly to property management companies and buy HOA liens? . I've been reading that many investors buy the liens and rent out until the bank forecloses. Has anyone ever done this? The way ...
Martha Ann Cicorelli
Help filing with the Department of Georgia
I recently started my STR journey using Airbnb. I need to file my return with the GA Department of State but can't figure out how to do it. Is there someone I can pay to teach me?
Sudhir N.
Philadelphia license requirements
I live in California and my friend lives in the Philly area. We recently got together to buy a 3 unit new construction residential property in Philadelphia. The title will be held in 4 names (the two of us and our bet...
MIke Adler
Help with form 3885a (bonus depreciation) for California state return
Hi BP community,Invested in my first real estate syndicate last year. Received the K1 from the partner and completed the federal return easily. How can I accurately complete Form 3885A for my real estate syndicate inv...
Marija Petrovic
LLC Transformation - from partnership to single member
I have a questions hopefully someone can help me here, I am transforming LLC from partnership to single member, on state level is fine, but I’m intrested on what to do on federal level? Do I need to dissolve entity an...
Jason Phillips
repairs
hello all . i think this is a tax question . i can do 99% of all my own repairs but my labor is not deductible on taxes . so i want to hire out for repairs up to the point were it starts costing me income. does anyon...
Bing Lin
Quitclaim deed and 1031 exchange
Hello all, I recently did a quitclaim deed to add my wife to the title (May 2019), if we would like to do a 1031 exchange this year, is there any restrictions that we should consider? Based on my reading of other foru...
Sal Zizzo
Looking for a real estate tax pro in San Diego
Wanted to see if anyone could recommend a tax professional that specializes in real estate based out of San Diego
Tim Hoffman
Taxability of Cares Act Grants
Are Grants for Rent, created by the Cares Act, considered taxable income?My gut is they are taxable to me as a landlord. With that said, here in IL, the State published a FAQ section on applying for the grant and it ...
Mike McKinzie
Stimulus
L.A.: $111M in Stimulus Saved Just 55 Jobs
More than a year after Congress approved $800 billion in stimulus funds, the Los Angeles City Controller has released a 40-page report on how the city spent its share, and t...