Starting to flip with a young go-getter. I put up all the cash and he does all the work. What's the best structure for such a partnership: liability, taxes, avoiding commingling with other deals, expense tracking, etc...

My accountant has taken the position that health insurance premiums for full-time, self-employed real estate investors are not deductible on Schedule E since real estate is not technically considered a business ...

Hello,I will be purchasing property in Philadelphia and the NYC/Tri-state Area, will I need an accountant in each of these states? Or can I just have my NYC accountant? What makes the most sense?

Let me say first,  this may be in the wrong forum but this seems to be the closest to the topic at hand.The question is, "How does one account for Vacancy and Repairs?"  The question is specifically related to Quickbo...

Hi BP

I am running through some scenarios for a first rental property which will be out of state using a PM.

The scenarios range from a couple hundred cash flow positive per month to a break even per month. I have ...

Hello everyone! My husband and I are new investors and are currently looking for our first property. I found a triplex that cash flows, however the seller is requiring proof of funds and that an offer be made before t...

Hey everyone,I have my down payment currently sitting in my savings account with Bank X for more than a year now. When I take out a loan, I plan to pay with my checking account with Bank Y. The question is do I need t...

I definitely see the value in upgrading an individual (personal) account to a PRO account. Logistically, do business owners sign up as individual PRO accounts? Or does each business they own sign up? What about joint ...

Hello,I’m closing on my first duplex that I’ll be house hacking. And was wondering should I open a business account to help keep my rental income separate from my personal?

So this seems like a very noob question but I am having a serious brain fart here.  Almost embarrassed to ask this!I just sold my second flip and i'm trying to calculate the exact profit amount.  I've crunched the num...