Ryan Garza
Girlfriend Tax Strategy
Hello Community. I currently am living with my girlfriend in a home I just bought. She currently makes half of the payments. I am just wondering if there would be any tax advantages to claiming to the IRS that she ...
Justin Spelic
Finding an Accountant and screening Questions to ask them
Hey, whats up BP! Looking for some help here had a bad experience with my last accountant and now looking to find someone that is knowledgable about ourspace. Was hoping you all have someone to recommend in the Denver...
Katherine Wiltse
Accelerated Depreciation on a Househack?
Hi BP community! My husband and I recently purchased a new home in Southern Missouri that has a large shop w/ apartment on it. A CPA I met with discouraged us renting it and encouraged classifying it as a home office ...
Phil B.
24 unit, 20 year Independent senior housing HAP contract
I'm under contract on a 24 unit, independent senior housing complex. It currently has a 20 year HAP in place with an annual 1.4% rent increase. It currently has a waiting list and is a 7% cap. Someone mentioned to me ...
Account Closed
Partnership with foreign national - tax issues
Hi all,
Thank you for reading my post. I'm considering forming a REI company with a good friend who is a foreign national.
I know a foreign national can be part of an LLC, but I don't have a clear picture of what ...
Marvin Eason
What are my options?
Ok, I am going to put my business out there in order to paint a clear picture in hopes of some good responses.
My situation: I would be considered a 1st time home buyer. My credit is poor (Experian:519, Equifax: 554,...
Julio Gonzalez
Cost Segregation Reclassification Percentages
Cost segregation can be utilized for many different scenarios such as new construction, properties already owned and newly purchased properties. Generally, the properties that benefit the most from a cost segregation ...
Miles Fabishak
Real estate industry expresses support for Bidens $15k tax credit
Sounds promising for first time home buyers! Does anyone know if investment properties will be eligible? $15,000 Tax credit for first time home buyers
Matthew Poulos
Patterson Park 21224
Just went under contract for a Patterson Park/Highland Town renovation in Baltimore. Going to be pursuing the CHAP Tax credit. 21224
Richard Warren
$8,000 fast cash for first-time homebuyers
HUD plans to tweak $8,000 tax credit rules so first-time homebuyers can get instant down-payment assistance.
Article: http://money.cnn.com/2009/05/18/real_estate/tax_credit_as_downpayment/index.htm?postversion=200905...