Tom Wheelwright
Two (2) Ways to Take Your Rental Real Estate Losses
Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
No Name
Out Of State Deals
I found a few great deals outside of my state and I'm interested in putting one under contract. My question is, since I'm not at all local, can I submit my offer by email and also sign and submit the contract by emai...
Amber Miller
[Calc Review] Help me analyze this deal
View report
*This link comes directly from our calculators, based on information input by the member who posted.
Marvin Lowenthal
Owning small property in Yonkers, NY
Hi Everyone,I bought my first rental property in Yonkers, NY. I’m still trying to figure out how everything works. My property is small (a triplex) so it has been hard to find people willing to perform certain minor w...
Account Closed
LLC with Scorp elect vs 2 LLCs for taxes and operation expenses
Question about a possible alternative to the LLC with scorp tax election.LLC with Scorp tax@Brandon Hall, @Steven Hamilton II:)I see 3 downsides to running with the LLC with scorp election.1 Separate tax return for ea...
Kurt Jones
Experienced Syndication Attorney in FL
Hello multifam board,
I'm currently putting the building blocks in place for a future syndication deal. One unusual issue I've run into is finding an experienced attorney to help guide the process. I've spoken to acq...
Gaurav Bahal
Utilities in between tenants
Hi BP members,I have a multi-family in FL that is handled by a property management company. Recently a tenant vacated one of the units and the property management company wants me to sign up for utilities in my name (...
Derrick Alexis
Comps/ MLS access through Realtor for Wholesale business
Hey BP community,I've been wholesaling for about a year & a half and have closed on 5 deals thus far. I'm looking to grow and I know i'd do better with more accurate and exact comps (MLS). I know a few people with...
Mike Becher
Learning Accounting Basics
I'm looking to invest in my education in accounting. I have an ok/mediocre idea of what I'm doing. I'm extremely organized and precise with tracking income & expenses on an excel spreadsheet. I've read "The Book o...
Augusto Celis
General inquiry / contractor inquiry
Hello everybody ,So I have been thinking of possibly getting into the house flipping space, but I am a bit nervous about going about it. I have heard the podcasts, I have some strategies I am thinking of, but am a bit...