Jeremy Davis
best ways to save money on rehabs
Hey everyone hows your day going? I am just looking for some ideas on how everyone saves the most money when it comes to rehabbing a house? Is there really a method to the madness or is it just shop till you find ...
Aaron Moayed
Property Mgmt Company Held Liable or Owner??
Hi there,I'm wondering: if I have a property management company managing my rental property (say SFR), are they liable for lawsuits from the tenant regarding contract language, security deposits, mismanaging (not resp...
Lisa Gardner
Is there a scenario where investing in RE offsets other taxes?
Is there a way to use investing in real estate to help offset someone's taxes? The scenario is a single member LLC filing as an S Corp. The tax burden is high, and I was wondering-if funding were not an issue-is there...
Travis Avenarius
Choosing Professionals?
Hello, I am a passive investor with no exp living out of the illinois area, and as a w-2 worker I am looking to transition to the investor side.... with real estate. So i have a question in regards to building a wealt...
Jonathan St.Leger
Bonus Depreciation Question HELP NEEDED PLEASE From You Amazing Tax Pros!!!!
Hello BP Nation, I sure could use some help with a problem that I'm currently facing. So....... with my previous CPA (who has since unexpectedly retired) we did a cost segregation study on an asset that was placed int...
Simon Cox
Advice / criticism invited on partnership structure!
Hey Everyone! My partner and I are setting out on a flipping/direct-mail campaign. I am out of the country which leaves my partner in the "boots on the ground" position. Just trying to figure out a fair value of that ...
Matt C.
Subject To Question - How to Pay for Difference in Purchase Price
I have searched on the forums and couldn't quite find the answer to my question.I am looking at property where the seller is open to the idea of a sub 2.Here are the numbers:ARV - $600kLoan Balance - $300kPrice - $450...
Julio Gonzalez
Best Tax Strategies for Real Estate Investors
Unfortunately, the tax code can be a burden for those who don’t understand it. But the good news is that if you find a great CPA to work with, they can utilize tax optimization strategies that help save you money. Ins...
Carson Wilcox
ONE major change the house needs is putting me over budget...
OK. I bought a house to flip... needs updating, all original or one 90's kitchen remodel. Needs all cosmetic. no structural issues... But its a big house and my bids are coming in a BIT over what I wanted. I am d...
Jess White
What rental REI expenses can I deduct while still a W2 employee?
I am currently still a W2 employee while building my real estate business out of My question is this, what can I write off on my taxes while I am still a W2 employee and not considered a "Real Estate Profressional"? I...