Account Closed
Setting up an Official Residence "Out of State"
We are coming to the college years with our kids and we are finding (no surprise) that college is expensive and very expensive if you are an out-of-state student. As a full-time developer, investor and consultant, I ...
Joshua Myers
Visiting my short-term rental. What can (and can't) I write off on taxes
Hey all! I live in Ohio and own a condo in Destin, Fl that we use as a STR. We are going to visit next week and stay in the property. We have been renting it out since September. There are a few things that I will doi...
Terra Ternet
Thinking of renting my home to traveling nurses
Would anyone have an advise regarding renting a home to traveling nurses? I have a 3 bedroom home and am looking to move in with my partner early 2024. I do not want to sell my home as I have children and was very clo...
Nicholas Alves
Buisness Trip Write Off Technical Questions
Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
Aaron Moayed
CoCROI, IRR, NPV, etc. etc. Do you include down payment only?
When analyzing the financial side of your investment (getting CoC return, ROI, IRR, etc.), do you use JUST the down payment of the property, or do you factor in things like closing costs (paid in cash), traveling/hote...
Tim Cooper
New guy who travels a lot. (Currently OKC) Guidance welcomed...
Hello to everybody on BP.Long time lurker, first time poster here. Like countless people I've seen here at BP, I am tired of sitting on the sidelines and ready to TAKE ACTION. The motivation you receive from reading s...
Jack Thornton
New learner in Boise, Idaho
Greetings.I am a technology consultant who is interested in building an alternate income. Not sure what site it was that mentioned BP first, but it was a quick search that brought me here.My goals are modest to start...
Duke Giordano
Tax attorney for LLC set up with real estate experience
Hey Guys,Do you have any experienced tax attorneys in real estate that you recommend for setting up a proper LLC for RE investing and Asset protection? I am actually going to be investing mostly as an LP in multiple ...
Ray Trounday
PA foreclosure attorney
I am looking for a foreclosure attorney in Pennsylvania. I have a non-performing note in Uniontown, Pennsylvania and I am looking to move forward with a foreclosure.Thanks in advance,Ray
JT Spangler
Work is now optional for me
My basement unit rehab is completed, and yesterday the long term tenant took possession. I realized that that means with the cash I have on hand now I could, (1) pay 2015 taxes, (2) pay off my 50 acres of off grid lan...