Cliff T.
How well does BP protect the data we put into our BP calculators?
If appropriate security measures are not presently in place, it would be very easy for either a BP employee or an outside hacker to obtain access to the data we BP users input into our BP calculators.For example, one ...
Michael Clemson
Emergency Room trip tax deductible?
I hit my head at my own rental this weekend, lacerating my head and taking a trip to the Emergency Room. I'm the proud owner of a few staples now! (No Urgency Care in the area on weekends.) I'll at least have a co-pay...
Kevin Kittilsen
Cost Segregation on Syndication to offset ordinary income
I am in the process of investing in a multi family syndication. The management team plans to do a cost segregation study (closing on property in 2022). My question is can I use the accelerates/ bonus depreciation agai...
Eli Masud
Raleigh, NC Multi Unit Properties
Need a residential and commercial (multifamily) broker. I'll be flying into Raleigh next week with a client on Tues/Weds. We're in need of a strong residential broker as well as commercial. Long story short is he land...
Josh Miller
To remain a 1099 contractor or become W2?
Hello,So I am seeking some advice on my employment status. I have recently entered the real estate game after watching on the side lines for many years. My wife and I own now 3 properties and so far it’s been great. A...
Christopher Gable
Finding a loan w/ atypical income
Looking for a home loan company that will work with a 1099 employee. My normal lenders normally only work with W2 employees and have denied him for a loan. Any advice on how I can get him approved for a loan would be...
Logan Allec
Non-Taxable Income for FHA Loans: Do 401(k) contributions count?
It is my understanding that in calculating effective income for an FHA loan, non-taxable income (like child support for instance) may be grossed up at the greater of 15% or the borrower's tax rate for the previous yea...
Joshua D.
How to create the perfect business model
So currently its me,my wife and 1 employee that run this business. We have 8 units 1 duplex and 6 SFH's. I find the deals and run around and try and keep it all together doing it all with some construction stuff and k...
Logan M.
Onsite Handyman in Mobile Home Parks
There is a universal rule that you get a handyman from the last owner whenever you purchase a mobile home park. I have had a wide variety of outcomes but I want to give a few warnings from my experience.
1. Don't r...
Zach Noegel
Legality of Wisconsin wholesaling?
Hello all,I am fairly new into this game and was looking for some more information as I couldn't find much in my search so far. I am interested in wholesaling property in Wisconsin, but I understand our state is a bit...