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I got these from our tax prep guy.....
Crazy Tax Deductions that the IRS Allowed:
1. Parents put their child in clarinet lessons and argued that it would correct the child’s overbite. The IRS agreed and allowed them...
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I am a buy and hold investor who purchased and rehabbed a house that I paid cash for and am currently renting out. I have 2 questions: I recently formed an LLC. Should I put that property into my newly formed LL...
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Hi BP,I am considering having a wooden shed built in the backyard of a two bedroom house. The house currently has an 8x10 wooden shed with a leaky roof and ugly design placed in the center of the yard. I could repair ...
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I am trying to get my wholesaling business started and I wanted to know if I need a business license to operate in my city. I have read that you should obtain an LLC after you have done your first few deals. But is th...
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I purchased a rental (duplex, each unit is $1k/month). The tenants in both units want to reseed the backyard. One has suggested putting decomposed granite for half the lawn, and then grass for the 2nd half. This is...
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Looking to buy a condo maybe in Olympic Village Vancouver for 500-600k. Want to rent it out as a short-term rental or airbnb. Probably cashflow negative, but I want to try something. What do people think?
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We're attempting to purchase a rental property in Marietta, GA that currently has a Sec 8 tenant in place until July 2019. The tenants intend to continue leasing, and our intent is to continue renting it them. My ques...
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Outside of my Real Estate Investing, I have been providing accounting and CFO consulting services to small to medium business. This year, I have a goal to align the two practices and have picked up four new clients th...
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Wouldn't usually include numbers but sort of a necessity on this one. I bought a house with the intention of keeping it as a rental but the market being what it is makes me wonder if I should just lock in gains now. ...
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I am looking for some advice and hopefully a mentor with putting together private money on multifamily unit deals. I currently have a 33-unit portfolio of my own but this has all been done by using my own capital and...