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Results (10000)
Matt Davis CPA Question: Separate Management and Real Estate LLCs
18 February 2021 | 3 replies

I am a partner in a three-member LLC that holds a multifamily in Lowell Massachusetts.
Currently, I am providing property management services for the building. The other members are not involved in property manageme...

Jeff Davis When do I need a REI-focused CPA
2 November 2023 | 9 replies

Hey community - Struggling with when we need to bring on a CPA who is REI-focused. Our current CPA has done our taxes for several years (W2 and small business income) and we believe they've done a good job. We purchas...

Rose Jones Why is my credit score going down?
7 August 2024 | 15 replies

Feels pretty yucky. I took some money out of my 401 K to pay back some debts. I paid off almost 6,000 in a high interest credit card , The next day my credit score dropped 90 points. WTF?

Andrew Ratterman San Diego Short Term Rental Arbitrage
26 November 2019 | 32 replies

Hi I am looking to start a new business in San Diego doing Airbnb rental arbitrage. Is anybody in San Diego doing it? I am looking to set up an LLC and get started right away. Is there special laws I need to be aware ...

Patrick Jacknow How can we split the fee?
10 February 2010 | 6 replies

I am a RE broker in the Chicagoland area. I am getting ready to wrap up negotiations on a 100k sf office space for 8.5mm. 500k of that is a fee to be split 50/50 between myself and the banker who brought me the deal. ...

Pavneet Tiwana Looking for help to assess a flip
26 November 2023 | 4 replies

I got opportunity to get a house from someone at work. But there is a lot of work involved, the floors are uneven, the siding needs to be repaired, gutters to be installed, kitchen and bathroom remodeling. In one part...

Steven Mitchell House hacking with conventional lending transferring to LLC?
23 May 2017 | 3 replies

I'm going to house hack in the next several months and going to use the FHA or 203k loan to start my investing. My eventual goal would be to keep reusing the FHA loan multiple times over the next several years with ev...

Brian Essex taxes - selling investment property for a loss
3 January 2013 | 12 replies

I consider myself a real estate professional, I put well over 750 hours per year buying, selling, maintaining and managing my own real estate as well as real estate for others.

That being said, does a real estate los...

Annie Balagot Short term rental as an active activity
30 August 2022 | 19 replies

Hi,a little confused about the short term rental loophole. Seems i can use my paper losses on my STR against active income if my avg stays are less than 7 days and I pass the materially participation test.  Here's my ...

Michael Plaks EXPLAINED: "Real" cost segregation vs. DIY cost segregation
30 September 2024 | 9 replies

When your property is relatively inexpensive, say $200k, and you want cost segregation applied to it - is it worth it to hire a cost segregation firm and pay their fee? Before we explore this question, an important re...