Davidson Francois
Mortgage Payment Problems
Can anyone help me with this problem? When i purchased my home in 2018 i paid $2400 in insurance and about $2200 in property taxes. Now, in 2019 it seems that my property taxes and insurance doubled and it now caused ...
Eric Fete
LLC with partner question
Hi everyone;
I am purchasing a sfh for a rental with a partner. I am working on a LLC for us to hold it in and had some quick questions:
1. how do we set up insurance with 2 of us owning?
2. do I set up an LLC...
Jason Powell
Ever Done Cost Segregation?
Has anyone ever done a cost segregation without the use of a firm that charges a lot for it? I have a buddy that's doing it himself and providing an excel sheet to a legitimate accountant. Any pros and cons to this?My...
Mark Davidson
Titling Real Estate in a Solo 401-k
I have funds in a 401-k plan from a former employer that I want to roll over to a solo 401-k; then, write a check to purchase an income producing property without financing.
A desirable property just hit the market ...
Kent Nielson
What are you really saying when you say cash flow?
First of all I want to say that cash flow is not the leftovers after you collect rent and pay the mortgage. I see conversations all over BP talking about cash flow and it gets very misleading and confusing. Especially...
Drew Ramasco
Qualifying a tenant based on disability income?
I'm in the process of renting out my second property. I've had a few interested parties but nobody who actually put in an application yet.The only couple who's ready to put an app in is an older couple and their only ...
Carlos Perez
Quickbooks Special Assessment Tracking
Hi, Not sure if the tax forum is the correct section to post this. Its accounting, but eventually about tax.How should Special Assessments be tracked in Quickbooks? And how do I depreciate/tax it?My HOA created a spec...
Lledenhia Romero
real investor tax accountant or atty
hi biggerpockets members I just actually started my real estate investing in 2017 and I haven't used any tax accountant or tax attorney before can anybody recommend a good real estate investor tax accountant or attorn...
Jeff Ausdemore
Series LLC book keeping
Good morning!Just wondering if anyone has any thoughts on bookeeping for a Series LLC? Our CPA recommended separate checking accounts for each property in a Series LLC. Seems like there could be a simpler solution w...
Kevin White
Contractor/Plumber in Pittsburgh, PA
Do anyone know a good contractor/plumber in the Pittsburgh, PA area. One that is able to fix leaks in shower/bath plumbing especially.Let me know if you do.Thanks