Larry Flanagan
How much should I be paying for tax returns?
I have an S-corp that rehabs and I own a few rental properties personally. I turn over my Quickbooks for the S-corp and a spreadsheet for the personal stuff. Its pretty much fill in the blanks for my tax returns. W...
David Van
Any one doing monthly rentals?
Hey guys. Looking to do furnished monthly rentals. Most likely to flight attendants or students. Not closed off to other people that would be potential renters. My 2 questions are:How do I go about showing the income ...
Houston Pitts
How To Checkout A Hard Money Lender
I have noticed that the hard-money and private lenders want lots of personal information. I am not surprised that they want to know about credit, history, work, etc. in order to perform due diligence on making a loan...
Bill Plymouth
Reipro vs Prop Stream
Does anyone use Reipro or Prop Stream? Which do you prefer? How accurate is the info you get? Have you closed a deal with the info you received from it? Is it worth the investment?
Mark Jurgiel
Opening a bank account for a rental property
I have a 2 unit rental property that's under my name and currently I deposit the rent and pay all the expenses from my personal bank account. Is it worth me opening a business checking and savings account for just a 2...
Blake Clement
Tax Strategies for Rentals
I have 3 doors that generate $3,500/month in rent. My goal is to buy a 4 plex this year. My wife has a W2 job that she makes about 63k/ year. I have a W2 that makes about 80k/ year. We owed about $2,200 in taxes last ...
Shawn Thom
Tax records wrong on square footage
I bought a house and tax records showed it was 1630 sqft. Appraisal came back with 2055 for my HML. This appears to be all legit square footage, no additions or add-ons...all original square footage. home was built...
Ryan Stover
Another Californian to Austin, TX
Hey BP fam,I love living in San Diego. Friends, family, surfing. BUT, as I've heard "Hate Taxes? Love Texas!"1.) Could I buy a house in Austin, rent out all of the rooms except my room, and change my residence to TX? ...
Crystal Wilson
Do I need to sue my wholesaler?
About 8 months ago I met a wholesaler. I had 25k in a HELOC. He showed me a house to buy in the suburbs of Denver to try and do my first fix and flip. My dad was going to co sign that's the only way I could get the pl...
Michael Lamb
Setting Up LLC
I am just starting out. I don’t own an investment properties yet. Every time I listen to BP and they are talking about having your LLC set up properly, come tax time, I never know what they are truly talking about. I’...