Andrew Coulton
Cost seg downstream challenges
Hi all,In 2022 we completed a large cost seg study on our rental portfolio. We qualified for real estate professional status since my wife doesn't have a W2 and is hands on with our rentals. A very attractive tax savi...
Diogenes M.
1st R/E investment question - Remote Deal or Local Only?
Hi guys, I'm brand new here (both to R/E investing and w/ BP) and I have a quick question as I'm reviewing deals from all sources. While my plan and financials does include property management for any location - for ...
Account Closed
Looking at Columbus OH For Rentals
I'm considering Columbus OH for my next set of rentals. I've heard that properties are affordable, the city is family friendly, the city is growing and is a better choice than many mid west cities when it comes to cri...
Malik Javed
How to Allocate Land vs. Building Values for Investment Property
How to Allocate Land vs. Building Values for Investment Property
When buying a residential property, one important yet often overlooked task is determining how to divide the property's value between the land and the ...
Account Closed
How Does Home Equity Loan Impact 1031 Exchange?
Good afternoon! I have a question that I am hoping you or if you know someone that can help answer. If I decide to do a home equity loan on my primary residence and then convert it into an investment rental property n...
Jim Keisker
GOP Blueprint for Overhauling U.S. Tax Law, A Better Way?
I am very much a rookie in the real estate investment game and am just starting the process of buying my first rental property. One of the ideas that sold me on real estate investing is that real estate is a "multi-d...
Skyler Walker
Incorporating for my "buy and hold" future?
I have just purchased my first investment property, a duplex which I have rented one side and assumed the other as my primary residence. I assumed residence primarily in order to use my VA loan however I plan to move...
Michael Osborne
Debt to income ratio with investment property?
I currently own 3 properties renting for a total of $5100. Applying 75% of the rent as income leaves me at $3,825 in income from these rentals, the mortgage, taxes and insurance come up to $4,550 a month. When calcula...
Gary Li
How to file Tax Return after Transfer the LLC to the Living Trust
I just Transferred AAA LLC (me and wife owned 50%-50%) and BBB LLC (me 100% owned) to our revocable Living Trust, before AAA LLC file Tax Return with form 1065 and BBB LLC file Tax Return with Schedule C, What form sh...
Hannah Joy
Appraisal effect property tax?
Hi all, does an appraisal ordered by a mortgage company to reevaluate PMI ever end up making it to the tax assessors and raising the property tax?