Alfredo Cardenas
Reps Status (via wife) & Material Participation to offset W-2
Hello, Anyone has experience using REPS status via their wife or husband to offset W-2? MY 2024 W-2 will be more than $300K and this year (2024) I married a real state agent. I have been reading a lot and educating m...
Christine Aledam
Time to find a new Accountant?
Hi BP Crowd!This is my first time posting, and I’m seeking some guidance. I currently reside in San Diego, CA, and I am in the process of purchasing two properties in Henderson, NV, in my personal name. My question re...
Todd Witt
Who provides shower curtain and rod
we have an inherited tenant who is requesting that we remove the existing door on his bath tub so he can use a rod and curtain instead. We were planning on removing the door when we turned over the unit for the first ...
Randy Thomason
Bird dogging is illegal in this state!
Just a PSA opinion to people on here that may be newer or just getting started in Arkansas. I am constantly hearing from people after they have gone to one of these weekend seminars from the Drive Thur Guru's who pit...
Brandon Guite
Colorado Springs Market Condition Discussion and Recomendations
Hello all and I hope '18 is off to a great start for everyone! I have been researching the Colorado Springs Market over the last few weeks and have been intrigued thus far and wanted to get other experienced investor...
Chander Sri
Big setback on first purchase. Seeking ideas to get back up and continue investing
Hi All, This is my first post. My best friend who is a avid BP member suggested to reach out here for help. So here it goes....I bought first single family home (2000sqft) 2 yrs ago in Cedar Park, TX area during peak ...
Tim Albright
Tax Planning Strategies/CPA Help
Greetings,
My wife and I are just flirting with the idea of jumping into real estate investing. I am retired and working on career #2. We have three children; two in college, one leaving for college next year. All of...
Theresa McGallicher
Short Term Rental Tax Question - Schedule C versus Schedule E
I have researched this topic extensively on Bigger Pockets and elsewhere and I am still struggling to understand the tax code.
I have a STR property that went into service in Jan 2022. I met the Material Participati...
Michael Plaks
DEBUNKED: EOY tax planning "tips and loopholes"
Yes, this is an angry kind of post. I don't have much patience or sympathy towards the annual flood of "Terrific End-of-Year Tips to Cut Your Taxes" webinars, podcasts, articles and whatnot. You want a sample of this ...
Nathan Frost
Overleveraged Advice Please Help
Hi, I was hesitant about writing this but want anyone out there that can help. Please give me any tips or advice. I rather sleep peacefully at night. I could use the criticism and just want to not worry every month...