Devon O'Donnell
Mortgage pay off or loan pay down and refinance?
So I pose this question mostly because it’s the foundation of my long term plans but also because it’s not something I see discussed often. So here it is, is it better to use a large down payment and a short term like...
David Campbell
Best Bookkeeping program for Real Estate Investors?
Hey fellow BPers! Interested to see what program you all use to keep your books? I have heard good things about QuickBooks, however obviously they are not RE centric, and I've heard you need a little bit of accounting...
Mick Harvey
Multiple units, multiple LLC's, multiple bank accounts, who pays the R&M?
Getting to the point of multiple LLC's, owning units, which have back accounts linked to them. We have an individual that is our PM, no company, working for us. Question: who or what should pay the R&M costs. If w...
Edward Salazar
Warehouse Building | What is the best way to know its value
Hi everyone, I just bought a 10,000 sf Warehouse building from a distressed owner and would like to try something out. I did some renovations to it and brought some highly qualified new tenants that pay a lot more tha...
Ned Carey
Do I have to file return with no transactions
In another thread Steven Hamilton II wrote
The penalty for not filling is worse than the penalty for not paying.
This brings up the question do I have to file? I have several companies.
Do I have to file in the fol...
Rashad S.
IF YOU WERE BUYING PROPERTY TO HOLD...
Hello Everyone!If you were buying property to hold and make residual income from, what questions would you have? - Questions for your Realtor?- Questions for the Seller?- Questions for your CPA- Questions for Apprais...
Faith K.
Depreciation recapture taxes in a partnership
I have heard two different opinions recently regarding depreciation recapture taxes in a partnership. Let's say Investor A is part of an LLC with Investor B that owns an apartment building. Investor A is assigned th...
Jim Goebel
How to get $500 stimulus for daughter born in 2019
Hi!
This question is for folks keeping up with the upcoming stimulus. It sounds like the IRS is administering sending funds for folks, at that $1200 / person + $500 per kid/dependent. The trick is we haven't filed ...
John Markem
Very Suspicious Landlord Behavior Regarding Utilities
Hi everyone, I signed a lease with my fiance several weeks ago for the lower in a duplex. When we signed, we were told that there was a washer and dryer in a shared basement for the tenants of the upper to use, and...
Chad Jarrah
Improving my business
Hello Bigger Pockets community, hope everyone had a good holiday. Had some questions on my mind for a while but wasn't sure who to ask so figured I'd pose this to the community. I've been investing in real estate for...