Alex Varner
Oversight by Title Company and Closer!
Property tax question for here in Michigan (Grand Rapids area specifically). From what I've gathered summer taxes cover you from July 1st (current year) - June 30th (upcoming year) and winter taxes cover you from Dece...
Jacob Casarez
Tax advantages for Multi-family vs. Single Family rentals
I have been hearing people talk a lot about multi-family tax advantages. My question is if I owner occupy a SFH and rent out 3 rooms are there any tax advantages I am missing out on than if I were to owner occupy and ...
Melanie Baldridge
If you're going to do one thing as a business owner:
I recommend that you learn the tax code and take ownership over your strategy.
Not having some foundational knowledge and an opinion on how to approach taxes as a business owner is a huge mistake.
In my experience...
Carly Turow
Taxes. & The "Pro Tennant" (Squatter..) in my boyfriend's house
Hi BP community!
My boyfriend has a SFH in Tampa, FL that has a "pro tennant" in there and it's an absolute nightmare. My bf is in a long, drawn out lawsuit and HOPEFULLY will get the squatter evicted. Tomorrow is th...
Chelsea Ross
CPA hasn't filed 2019 taxes. Anything I can do?
In 2019 I decided to start using a CPA that specialized in REI to help me with tax planning. The CPA was actually recommended on the BP forums. I paid in late 2019, and handed over my documents in March 2020. Despite...
Jonathan Serna
1031 or Section 121 Exclusion?
Hi BP fam,First time poster long time lurker. I'm wondering if someone can advise on my situation. I tried reaching out to a CPA but they're either very busy because of tax season (understandably) or want to charge me...
Eric Tsang
Upstate NY Rental deal analysis
Good Morning BP!I came across this deal in the Upstate NY area and came up with these numbers, am I calculating and including all the expenses? House is a duplex and is in excellent condition-Estimated purchase cost -...
Chase Cline
Rentals Taxed on Net Income Which Doesn't Include Mortgage?
Hi Everyone - I have 3 STRs and have gotten very serious with looking at the full financial picture on them now that we have a CPA. We just bought the last two in the last 6 months, but have had our first for almost 5...
Sophie Evans
Own Title Search? General info or Palm Beach County, FL
I'm a new, small-time investor.
I want to perform my own title searches.
I can't find exact info to do it, except that I need to look in the county's "public records".
I know how to check the Palm Beach County Ap...
Gene Walker
Title search - what do they do that I can't?
I know it's easier to have a title company do the leg work doing research, but how can an investor throughly perform the same task?
Do title companies have preferred access to information the average investors don't h...