Jamie H.
Do I need a CPA or Attorney?
I need some tax advice and also anticipate seeking to open a solo 401k as a result of receiving said advice. Can a CPA be a one-stop shop for this or do I need an attorney as well? What kind of professional services/a...
John Blanton
Offsetting Earned Income with Passive Losses
You hear a lot that there are great tax benefits from investing in syndications as a passive investor. That you are able to offset your income from W2 or other avenues (even if you are not a real estate professional)....
Matt Liu
Tax benefits of keeping management separate?
Why do many investors say that you should keep your property management business in a separate LLC for tax benefits? What exactly are the tax benefits?
I do so the logistical benefit - if you have many proper...
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Quick question on wholesaling a short sale
I have a quick question on wholesaling a short sale. I understand the owner cannot receive anything. But is it ok for me as the investor to receive a fee for the deal or does it have to be done "double close". Could i...
Dawn Stubbs
Staging a home
Is there a study that shows what percentage of homes sold or for sell is staged in the Dallas, Fort Worth are?Thank you for your help in advance
Lei Zhao
Leasing Agent Fee Tax Deductions
Hi Everyone, I'm new to the bigger pockets forum. Since the tax season is right around the corner, I'm wondering that how can I write off my leasing agent fee? I worked with one for the leasing agents at Austin area,...
Account Closed
How do I handle this professionally
I am new to REI (just started last month) and before I found BiggerPockets I had hired a local investor as my coach/mentor. Unfortunately, I did not feel I was receiving the proper education, and after being a m...
Sue Jing
Tax liability -urgent question- thanks!
I am currently doing 1031 exchange, and looks like we won't be able to close one of the properties we exchanged. The 180days closing deadline is next week. It's a long story, how we get to this point. My question is,...
Brian Black
Financial tracking of lost income to vacancy? How to Quickbooks?
I am wanting to get a good idea of my TRUE vacancy rate including time lost to rehab etc...
My accountant suggested creating two line items to book both a lost revenue income and an offsetting lost revenue expense f...
Adam Ramsey
Taxes - Real Estate Professional
I currently own a duplex and I live in one (with my brother renting from me) and have the 2nd unit rented out. I also am a licensed Real Estate Agent and work for a property management company.I tried reading up on wh...