Courtney Redfern
Income Properties in Essex County, NJ (Montclair-Bloomfield)
Hi, my husband and I live in Montclair, NJ and are learning about buy-and-hold residential real estate investing, in Montclair or in nearby towns like Bloomfield.We're thinking about multifamily properties versus sing...
Robert Sapienza
Cash Out Refi Tax Implications
Question for the veteran or financial expert of the bigger pocket community. My RE partner and I had our first big success in the BRRR method in the past month. My question revolves around taxes owed. Here are the rou...
Debra Muth
Depreciation why sell
I know several people who have bought properties and kept them until they were paid off and sold them. Their plan is that they no longer get depreciation on this so it made sense to sell. One bought a new property and...
Ellen Cheng
Tax deductions for mileage when managing property for parents?
Hi, my parents live in California and recently purchased two investment properties in Atlanta, GA. I am taking care of the properties for them (repairs, getting tenants, etc.). My parents are not paying me as a proper...
Jason Mead
Avoiding the tax penalty
Hello everyone! I was sitting here wondering what’s the best way to do this. I’ve just completed my flip house and am walking away with a decent profit approximately $50,000. My question is what’s the best way to take...
Shad Atkinson
Investor from Western Colorado
I am no longer a skeptic after completing a couple of deals. I am building my net worth and now I'm doing it full time by being cautiously frugal. I'm living in the first house I bought through a public trustee auct...
Caleb Franks
Selling a property I bought under a land contract into a 1031
I acquired portfolio of properties under a land contract in January 2021. It is a recorded land contract, which gives me full authority over the properties. One of the properties does not fit my goals or criteria well...
Marty Summers
Can I lease my home as part of my Rental LLC company?
Everyone,I have a mortgage on my home with 500k in Rental property equity. My idea is to place my peesonal property under an LLC and lease my property to myself and any mortgage I pay or maintenance, including utilit...
Joseph Bushnell
Spec house tax strategy resources.
All right, we built and sold a spec and the time we held the property was under 12 months, we are trying to figure out ways to mitigate the tax burden some but I'm having a hard time finding resources on the subject....
Tamara Glass
Real Estate Accountant in Washington State
Hi BP Forum! I'm looking for an awesome real estate accountant that is licensed in Washington State and Oregon. I did a quick search on the Forum and came up with several names and I don't know where to start. I'm ...