Joseph Barbaretta
Early tax question -- Do I deduct my expenses if...
So, I'm in the middle of flipping a house. Its taking longer to get it on market than I'd like. It probably won't close until after the new year. So, if all my expenses happen this year and I sell the house next ye...
Erica M.
Reinvesting rental income in stock market
Hi. I'm looking for advice on investing our rental income in the stock market. Right now our money is sitting in a checking account making peanuts. Do any of you put your rental income in the stock market? I'm thinki...
John Tham
Real Estate Investing with Traditional & Roth IRAs
Hello All,
I'm new to real estate investing and heard some talks from some friends regarding investing with your traditional IRA and/or Roth IRA accounts. Currently, my IRA's are with Charles Schwab (but my current ...
David Sims
Private Lending vs Buy & Hold
For the past few years I have been lending my money on SFR fix and flips and getting a 12% cash on cash return. Recently I've been looking at the tax benefits, potential appreciation, and CAP rates on a multi family o...
Account Closed
Clevelan Income Properties
Good afternoon everyone! Has anyone worked with the team over at Cleveland Income Properties? Their website is clevelandincomeproperties.com for reference. Seems like they've got some nice offerings, but I was wonderi...
Kate H.
Sole proprietor landlords in Canada - anyone use a business name?
I just bought my first property in Canada, a duplex with 5 tenants, and for various (most tax related) reasons, I have decided to operate the rental as a sole proprietor. I'm considering whether to register a business...
Michael Joseph
Recommendations on how to manage the finances of my real estate investments
I am in the process of buying my first property. I will be setting up an LLC as well. How do most people manage the money for their properties? Should I setup a separate bank account and have the money flow in and ou...
Mike Testa
Tracking your expenditures
I learned some formulas on this site. Like what percentages to estimate for repairs and cap expenditures etc. I have 1 business checking account and 1 savings account for my 4 family building. I keep the tenants de...
Gulliver R.
Are Airbnb and VRBO host fees tax deductible?
Hi all,I've read that Airbnb and VRBO hosts fees are tax deductible. I've found out how I can look up the host fees I've paid last year on Airbnb, but does any one know how to find that out on VRBO?Other than cleaning...
Jonathan Allen
Can I set up a 401(k) matching policy within my LLC?
Hi BP community - I wanted to know who has set up solo 401(k)s within their LLCs as a way to both reduce tax exposure and add to retirement savings? I'm looking for a way to reduce profits into year end and the con...