Tyler Smiarowski
Do your own accounting or use a CPA?
Just curious on what other investors do for keeping their books. I am a CPA and do my own books and use QuickBooks. Others?
Rachna Rustagi
LLC Question
Hi,Which bank allows to open business accounts for LLCs (say LLC B,C,and D) held by another LLC (say LLC A)?I currently have citi accounts. The bank manager said that citi bank only allows business accounts for a L...
Account Closed
Jacksonville Path of Progress
Where do you believe the path of progress is heading in the Jacksonville metro? Where is the market moving towards and where are the best places to invest?
Prithvi Sri
Cost Segregation of an Absolute Net STNL property
I bought a restaurant building in March of this year. The building is around 10 years old. I used 1031 exchange to buy this as a replacement property - sold the original in Dec last year. My question is, do I have any...
Mark Gasner
College Student Looking for Future in Real Estate
I am a college student looking to learn about real estate investing for after college. I am an accounting major at Luther College and will be heading back to the Twin Cities after college. I hope to connect with peopl...
Eric Cruz
Wholesaling in Maryland
Hey guys, I been working on and off for the past few months trying to close my first wholesale deal. I work a fulltime job and on my days off is when I work on the business. I am starting to get discouraged and dont r...
Alan Johnson
K-1 Preparation for Syndications
I have looked at the TOC of many of the books on syndications that have been recommended by BP members, but unless I am missing something they don't seem to discuss the mechanics of K-1 preparation for members of the ...
Linda M.
tax deduction for for items brought separately from renovation
I purchased a multi unit property ,the renovation was included in the mortgage my question is ,when it is asked on the tax for depreciation the purchase price do i use the sale price of the property or do i use the s...
Joe Szymczyk
TAX Time...Deductions needed to get income down
Hello real estate peopleI have a situation where this year i have to pay to the IRS on taxes..Situationmy AGI income is 160k....work In IT for a big corporationi have 9 houses, i maxed out the deductions...repairs, su...
James Park
California Broker Exam
I will be taking my broker exam in two weeks. The exam has 200 multiple choice questions (5 hours long), and I have heard the Calfornia broker exam is tough. I will be flying out from Chicago to take the test so i nee...