So I just had what might be a good deal for someone looking for a prime opportunity with cashflow with a 4 plex 2000 sqft. 1bd/1ba on 9831 sqft lot that could use some nice value add. The asking price $75k which is fa...
Hello BP family,My wife and I are renting our upstairs bedrooms to cover 85% of our PITI, we claim the rents on our taxes,use real leases, BG & Credit checks, the house is our homestead (Not in an LLC). we have be...
Just curious on tax deductions people utilize on their schedule E that I might be missing. To start off I have a couple of questions...Can I deduct my BiggerPockets membership?Should I deduct my full cellphone bill o...
For all the note professionals out there: I have accrued a decent portfolio of performing mortgage notes over the last couple of years and my tax bill at the end of the year has gotten quite large. As far as tax deduc...
This is from the Wisconsin Realtors Association.
Recent Legislation A Victory for Wisconsin Landlords
For years, the WRA has supported legislation to limit a landlord’s exposure for unpaid municipal wat...
I am considering investing in a Preferred Equity Syndication. The pref equity would pay out a 7% (annualized) quarterly distribution and a 7% back end return when the pref equity capital is returned. The capital stack...
Hey Good People! My wife has a profitable small business and we haven't bought a investment yet (soon). When do we need to get a CPA? Shes a bookkeeper and has a S-corp already but we pay too much in tax. Thanks for y...
Recently purchased duplex in Swissvale, superb of Pittsburgh PA. Bought site unseen purchase price 22500 sold 10 yrs ago for 48000 but highly neglected 2 unit 1st floor unit 3 bed 1 bath. 2nd floor unit 2 bed 1 bath....
Curious what everyone does to keep track of all utility accounts and monthly bills for your properties. We have 7 units across 3 properties right now and varying accounts for each one - Gas, Electric, Water, Trash, Se...
Hey BiggerPockets! New investor here that's looking to get started! I've been researching for about a year and have been trying to find the best way to get started, I recently spoke with an investor that has a couple ...