Brown Nathan
Depreciation Land Vs Building
I have always been using a 85% building and 15% land value for calculating my depreciation basis. Now my accountant is saying I have to use the tax basis and the county is assessing most properties in my county at 50%...
Tyler Smith
10% dp vacation home loan requirements
I just closed on a 10% down vacation loan (second home mortgage) and one of the requirements is to be in the property 14 days out of the year. Does anyone have any experience with this and how to report that you stay...
Ben Walhood
Converting small multi-family to central A/C
In my area I find a lot of 6-flats/6-plexes that do not have central air, despite the fact that it is a feature which is highly attractive for prospective tenants.
When I try to search the web, including BP, it seems ...
Jolene Adam
Losses and taxes
About 10 years ago, Friend A (on advice from his CPA) and an IRS rep both told me that I should strive to not have a loss on my rental property for more than three years, or no more than three out of ? years (not sure...
Ryan Walker
Disqualified Persons in Solo 401k
I am a realtor, My mother has a high value 401k she is looking to roll into a solo 401k in order to purchase rental properties for her portfolio. Am I prohibited from acting as the agent on these transactions?? I und...
J Zev J.
What Would You Do If You Were a Real Estate CPA?
I'm curious to hear your thoughts about the opportunities you think a successful Real Estate CPA has or should pursue in addition to standard CPA services.
Travis Donley
HELP! Possible fraud by HOA board
Ok, here goes. We live in a 50 townhome HOA neighborhood in Chattanooga, TN. At the last HOA meeting in May, some owners suggested looking for another landscaper as some owners weren't happy with the current one we ha...
Eryn Garcia
My pickle/real estate woes, help/suggestions
Hi friends!
Looking for help and suggestions- I want to say I have learned my lesson and now know to use a third party to hold funds.
This is my first time working with a private lender/family member. This is my ...
Bryan Hancock
Non-Accredited Investors Will Be Allowed To Invest! - March 25, 2015
Well the moment that everyone has been waiting on for at least 3 years is about to arrive. According to many folks I trust (including members of CFIRA) Regulation A+ (Title IV) of The JOBS Act will have final rules p...
Morgan Gruelle
how do you track expenses you pay cash for?
I am wondering how I can account for cash expenses. I have a rental property that I did not have time to paint so I paid a friend cash to paint the rooms over the coarse of a few days. I am wondering how can I track t...