Robert Fabian
Sticking point in our Operating Agreement
My LLC is registered with the state, the finances are set and we are looking for our first property. We must first however get our Operating Agreement set. We have actually agreed on everything thus far. There is o...
Tony O'Brien
Why Real Estate Income properties outclass Stocks and Bonds.
Investing in real estate has increased in popularity over the past 8 years becoming a popular investment vehicle, the art of buying to rent really became a broad market approach shortly after the 2008 housing crisis. ...
Gunnar F.
Any reason not to take depreciation on a rental property?
My current accountant has apparently not been taking depreciation on my rental properties every year. I am a rank novice in this area. Just wondering whether there could be any strategic benefit to not taking the dep...
Ronald Trepton
Need help understanding ACV Landlord insurance
Hello BP Community,
I have two rental properties that my insurace provider Allstate will only do ACV policies on. I am told this is because they were built prior to 1941. Replacement policies are easy enough to under...
Jon Fletcher
Short-Term Rental Strategy for 2022 (Only 90 days left...)
A buyer client asked me about the following scenario. Any advice?
Two partners want to purchase a 2-family in their personal names or an LLC and close on December 28th Unit 1 comes with a long-term tenantUnit 2 is ...
John Carbone
Bonus depreciation for STR Material Participation
Has anyone filed taxes yet as a W-2 employee who owns only STR, rents for on average less than 7 days per rental (STR), and materially participates (usually requires 100 hours or more in a year and more than anyone el...
Paul Zofsak
Buyer paid loss mitigation fees on short sale???
I am dealing with a listing agent locally that handles mostly short sales, one of her fees that is paid by the buyer is a $4k loss mitigation fee. I am still new to investing and even newer to dealing with short s...
Rashid S.
Unsold property expenses - put on personal 1040 or under business
Hi Guys,I am not looking for a CPA level advice but just looking to know the basics to vet out CPAs when i go talk to them.I started in real estate last year. first property i bought at auction with cash was under my ...
Bruce D. Kowal
Effective Tax Planning for Real Estate Investors
What Does Effective Tax Planning for Real Estate Investors Look Like?
A lot of Investors
on BP recognize that they need something more than a trip to H&R
Block at the last minute.
1] At the very
basic we w...
Robert Spence
Real Estate Investing company for tax advantages..?
Hello everyone, this is my first post on the forum, but I have been reading an learning from many people on this site for quite some time.
So im tired of giving the IRS all of my income, and I have been reading about...