To the entire BP community, hello! Evan here coming to you from Los Angeles California! total newb to the BP universe, and frankly upset that I barely became a member at the ripe ol age of 34! Better late than never I...

How much of your profits are eaten up by income taxes on rent paid each year?? I know you get deductions for depreciation, and maintenance but even after that, it seems like any profits would be eaten up and possibly ...

Hi everyone,

I have a question and was hoping I could possibly start a discussion on the topic.

After searching through some older posts and blogs, I still feel a little unsure as to what you guys think is best as f...

Hey BP Fam,  Trying to find someone who can recommend a great accountant that can work with me getting my taxes ready on my first year of investing. I bought 2 multi-families this year with 4 doors. Ive taken 6 months...

Hi,
I own a rental property in Illinois and am living out-of-state in California.I am looking for a CPA partner to help me file my personal tax as well as guiding me through my first year reporting my rental property...

Good Morning everyone, I'm currently enlisted in the military and station in San Diego. I bought my house at 3.25% interest rate for roughly 550k and been living in it for roughly over a year. I want to buy another pr...

I own a property through an LLC with 5 partners. I know I need to prepare form 1065 and K-1s, but I can't figure out how rental income/expenses fit into Form 1065? Is rental revenue my sales, where do operating expens...

Hello fellow Bigger Pockets members, I'm a recent BP Pro member and I wanted to introduce myself. My name is Preston, my fiancée (Jade) and I will be moving up to Chicago next summer/fall from the Kansas City area. We...

Hey all, preparing to make my first larger size multi-family offer.  We have a nice LOI prepared but I am trying to present myself / deal as professionally as possible.  I will share whatever I come up with, but curio...

May 2023REAL ESTATE NEWSBrought to you by Brian Nostrant.Five Ways to Build Home EquityWhether you currently own a home or are thinking of purchasing one, you may be looking for ways to build equity. Home equity is th...