I have just gone into contract on my latest flip and will be making nice profit of around $350K! This is our largest profit yet and wanting some input on ways to save on taxes. We have a CPA but looking for other idea...
Hey BP Community,I’m a high net worth (lower middle six-figure) individual in his early 20s just exploring the world of REI for the first time. I’ve been working, saving, and investing since I was 15-16, and the stoc...
...The one that they have for boats could easily apply to real estate? Except I'd say break out another 20-60K. I get real estate goes up in value, etc. but man, sometimes I look at the money I spend in transaction co...
Hey everyone,New investor here. I just read and took comprehensive notes from three books on real estate investing:- Long-Distance Real Estate Investing (David Greene)- The Book On Rental Property Investing (Brandon T...
Hey there fellow BP-ers!!
I am beyond excited to announce that, after much soul-searching and number crunching, I will be leaving a fantastic run in the W-2 world (tech) mid March. I plan to focus 100% of my time on ...
Who do you issue 1099s to? I have flipped a few houses this year and want to make sure to do everything right from a tax perspective. I know I saw where you should issue one for anyone paid over $600, but in that case...
I am looking to invest in small and medium sized multiunits (15-100 units) and am trying to get a good estimate for electrical, water, and landscaping costs as a whole or per unit. I know this is a rather broad topic...
Have a question and was looking for some direction. I had my property lines survey on a rental property and found out that a tree in the middle of the fence line is actually on my neighbors property and not both of ou...
Good morning, I recently bought a property in Pennsylvania at Sheriff's mortgage foreclosure auction. I was bidding on a 1st mortgage. Recently I find out there was a State Income Tax Lien put on a property around 4 m...