Kristen B.
CPA suggestions for the Tampa Bay area?
Hey guys,One of the properties we are getting rid of closes within the next 30 days. $360k will be capital gains profit and I need to find the best way to reinvest (flipping & buy/hold) without taking a huge tax h...
Cooper Marcus
Real Estate Professional - timing of events during the year?
Last year I owned no rental property and spent little time on real estate. This year I will acquire at least one rental property and meet the qualifications for both Real Estate Professional and Material Participation...
Enrique Caceres Jr
To LLC or not to LLC... that is the question.
I'm an investor that's recently been asked to advise my in-laws on how to manage their commercial property on Staten Island, NY. My father in-law had a medical practice which he retired from and currently owns the pro...
Jennifer Bott
Consulting Income in Rental Real Estate
We have an LLC holding our 10 rental properties. My husband, single member, gave consulting advice to a friend with respect to the rental real estate business and helped him acquire properties, set up an LLC etc. ...
Elliott Beckstrom
Should I put Single Family LTR in LLC
Hi! I have a property in Denver that I'm renting out long term. I got a letter from my mortgage company that said I can move the title into an LLC if I like without triggering the due at sale clause. This is the only...
Eric Martin
New To Atlanta, Exploring My Options
Hey There,I own a Project Management Consulting firm and moved to Atlanta this month. Renting in the Atlantic Station area to see if Atlanta is where I want to call home. So far I absolutely love it. I'm interested...
Deadrick Colbert
S Corp Question
Someone asked me this question, and I did not know the answer. What happens is someone gets an S Corp for flipping but does not do any deals the first year? Does he need to file a return? I would imagine the answer...
Mark Tawfik
Need cost segregation friendly tax guy!
Looking for a tax guy near Redondo Beach, CA that is familiar with cost segregation studies…
Lisa Wright
Homesteading a multi family
Hey I am researching the house my sister is renting. She has one of 6 units. They did an odd lease renewal so I'm suspecting it might go up for sale.
If she lived there and I moved in to a unit, would we be able t...
Gary Michalske
Options to Avoid Capital Gain Tax
Hi BP-er’s,I have a tax strategy question about a deal I have the inside track on. My plan is to purchase this deal for $200K cash and wholesale it.This situation involves a 101 year old elderly family member that ow...