Martin Mick
Tax to down payment
If I had income from a rental property let's say 10k or so do I have to pay taxes on that 10k if I used it for a down payment b4 tax time?
Gary Theisen
Living & Business based in CA - Which State is best for LLC?
Hi all,Here is my information pertaining to my question of which state is the best to start an LLC in:The business will be selling dried fruit.The location of preparation, packaging and shipping of the product is in C...
Derek Peruo
Business licence in Wisconsin?
Hi everyone!I know real estate brokers and salespeople need a professional license to conduct business in Wisconsin, but does anyone know if a real estate investment company needs a business license to conduct busines...
Sandy Uhlmann
Selling a Rental Home on a Lease Option: Can I offer to pay a portion of closing costs without violating DF?
I have a rental home that I now wish to sell. I renovated it after my tenants vacated and it is now totally updated. Unfortunately, it is priced a bit higher than the rest of the neighborhood and it has not sold yet...
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...
Robert T.
Cost estimates
Dear BP RE developers:We are building a single storey 2 Unit 2250 sf flat roof retail building (unfinished) in Houston on 8200 sf lot on a busy street. 1. Was told that it is likely that we need to build underground f...
Yuriy Skripnichenko
Philadelphia Bedbug Ordinance for all Landlords
Hi all, In addition to all that we already have to provide to tenants:Landlords entering into leases that commence January 2021 and later will be required to provide a bedbug informational brochure to tenants. Accordi...
Brett Brown
Real Estate License - Tax Write-Off For My Business?
My wife and I currently hold two rental properties in our LLC. We are going to continue to purchase buy and holds as well as begin flipping houses. We both are going to get our real estate license. Not just to save...
Todd Kozak
Previous year passive losses offsetted by current year passive income?
Hello my fellow investors!I had losses on my rentals last year as passive losses (I'm not a professional real estate agent).I make $150k so cannot use them to offset my capital gains. This year if I have gains on my r...
Michael Frish
Wall and ceiling plaster work...Is it normal ?!!
Wall and ceiling plaster work...Is it normal? Hired a contractor (with a lots of good reviews via the "thumbtack" ). Paying
him on daily basis: $400 (labor only)
He's spent one week for ..one room (cleaned old ...