Daniel Rozen
How to analyze profit and loss with 20 rooms hotel/resort style STR
Hello BP community,i found a potential buy with dilapidated multi-family property which used to be hotel or resort and zoned for commercial use. Its on the lake and got couple of different size buildings which in tota...
Michael Plaks
GRAY area alert: deducting real estate education
This question is very common and sounds very straightforward: as an investor, can I deduct my real estate education? Warning: you will not get clear answers from this post. Instead, you will likely get confused. Welco...
Daniel Dietz
How to write off "Home Office/Showroom" Addition?
Hello All, I know there is a lot of talk about "The Home Office Tax Write Off". This is similar but different ;-)I am planning on building an addition on my home that would be a great room on the main floor, and ALSO ...
Account Closed
Bought Flips, Paid For Flips 2019
Hi Tax pros and experienced tax filers! In 2019 I bought a flip house, and spent all of 2019 and now 2020 working on it and 4 other properties I bought in 2017 and 2018. So 2019 has big a gigantic loss. I’m a contr...
Claudia Bonaudo
How much for an inspection?
Hi y'all!Finally I found a property that is a good deal for buy and hold, it's my first one so I have no idea about the costs of things, right now my doubt is:How much is a resonable cost for an inspection of a 1250 s...
Brian Wheeler
Convert Commercial month-to-month leases to annual leases
Hello everyone,
I am currently looking at a value-add office building. The value is converting the current tenants who are all on a month-to-month lease into annual leases and filling current vacancies. Most tenants...
Daniel W Finley
Spokane County, Washington Public Records
My business partner and I trying to do RE wholesaling in the Spokane area. We called the county courthouse to get a tax delinquent list, and the clerk said that the list doesn't not have address, costs a lot, and you ...
Jonathan Doescher
Investor Pricing for Repairs
How do get investor pricing for repairs? I am new to investing in real estate and looking to finish a rehab on my primary residence and purchase a small multi family property. I went to a local meetup and they were ta...
William Parker
Profits Distributions Advice
Hello, My best friend and I are going into business together to start our real estate investing journey fixing & flipping properties, as well as other investment matters. We're creating our operating agreement, an...
Kris Zabish
Can a S Corp use real estate to help with taxes?
Hey BP! I work for my brother who owns a rental company for heavy equipment in Sacramento. We are getting killed with taxes and fees for the equipment we own. Is there a way to use real estate for some tax relief? If ...