![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/2985514/small_1711940738-avatar-amyweiru.jpg?twic=v1/output=image&v=2)
Hello! First post for long time forum reader. Had a succesful investment with College friend 10 years ago and now we are cashing out and going our separate ways. The property is in Texas and has been handled by the...
Some background before I post - I am a tax guy - started at Ernst & Young in 1993 and have been in the tax business since. My full time day job is to argue with tax auditors.I have a situation that I'm curious ho...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/101775/small_1694637619-avatar-clayton4.jpg?twic=v1/output=image&v=2)
Hi, I have an LLC I can run income through, in years past I have never "paid" myself a management fee for self managing our rental properties as I had never wanted to pay the additional self employment tax. With t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/852100/small_1621504455-avatar-weic5.jpg?twic=v1/output=image&v=2)
Hello!I was researching how to calculate depreciation on my first duplex that I bought and I was browsing through the county assessor website and noticed that my land value is $250k and the improvement value is $28k. ...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1497937/small_1621512925-avatar-urso.jpg?twic=v1/output=image&v=2)
Trying to get some insight by some of the great value add developers here. Let's assume you just purchased a 100 unit class C in a class B/C area. How would you allocate the $7k per unit to increase rents? Let's assum...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/67123/small_1621413926-avatar-superdave2011.jpg?twic=v1/output=image&v=2)
I have the following idea, that I'd like feedback on.
I am looking to do the following:
1.) Form an LLC with a partner
2.) Have the partner put down 20% of the purchase price
3.) I pay all c...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/140270/small_1727386517-avatar-brandonscott79.jpg?twic=v1/output=image&v=2)
How would you allocate?
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/130590/small_1621418324-avatar-mypath2rewealth.jpg?twic=v1/output=image&v=2)
http://murray.seattle.gov/murray-constantine-city-council-declare-emergency-announce-new-investments-to-respond-to-homelessness/#sthash.DTi5L6ea.dpbsMayor Murray Declares an emergency granting him some pretty powerful...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/363604/small_1621446781-avatar-andywgr.jpg?twic=v1/output=image&v=2)
I have two rental properties (1 single family + 1 two-unit), but this is the first year I've encountered tax season as an RPO. I have a CPA I intend to have file my taxes, but it sounds like they're not expecting me t...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/235311/small_1627095352-avatar-re3irth.jpg?twic=v1/output=image&v=2)
Good evening everyone! I wanted to share the details of my latest rental now that its closed and a tenant is in and can make accurate calculations. By the way, why is the BOLD function so glitchy? As soon as I bold on...