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My partner and I just sat down with an accountant in Buffalo and were not impressed with them. We are in the process of closing on one property and will be picking up the paperwork on another in a couple days. Any hel...
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When a hard cash loan funds the rehab of a house, and we do the labor ourselves, do we pay ourselves from the reimbursement? If so, would it be better not to incorporate the cost of labor at all and have to pay inter...
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Hi Everyone, It is a honor to be able to write on this forum, i hope this message find you well.I am looking for good advise from qualified people that have experience in this matter, and i belive i found the right pe...
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Hi BP,Scenario: I am taking over my Dads commercial property. He has the mortgage and wants to add me to the deed. At some point, I want to take over 100%. Questions:1. When I'm added on the deed, do I have to "fi...
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Hello BP community, I was wondering if anybody has had a recent experience with Kolodij Tax And Consulting. This would be my second year working with them. I uploaded all my documents for 2020 income taxes to their po...
What do you think what are the best way for lowering your property tax?
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Hello All, I am pretty much completely new to the 1031 field, but am asking this to get some ideas for a landlord that is looking to sell of 7 duplexes but is concerned over his potential tax liability. I want to buy ...
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Once again my handyman who has no accountability said “maybe next week” and “it’ll be a month” so I tried to book a TAKL for a small job. I got a provider within seconds. They have expanded to my area and this is grea...
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Hi BP fam;CA resident here looking to shift equity from personal residence into primarily income producing stock. Due to runup in home prices in Bay Area over 10 years I've held my personal residence, I'm facing seven...
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We're going to have a look at a few different cities in TX and wanted to ask for people's opinions on what is best. We plan to look at 4plexes and 6plexes in the areas. We would be out of state investors. We're con...