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...
In 15 years in the biz I have not met someone who got sued and was saved by having an LLC. Every new investor gets hung up on asset protection and there is an entire industry catering to asset protection. There must b...
Have some of you read this book? Is there new unique methods that we should know that aren’t discussed on Bigger Pockets? I’d appreciate comments or brief review. I’d love to think there WAS a (Profitable) lazy way...
The context being today's market.Assumption: the new asset would be in addition to your existing positive cash flowing portfolio.Requirement: the new asset’s cashflow cannot be negative. It must at least break even a...
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I for one believe we're not going to see a real estate crash anytime soon, and I firmly believe in the power of pessimistic thinking. But I'm also not wholly ignorant of all the aspects of this busin...
Just received news that I am not permitted by the city to purchase another property due to the affordable housing covenant im contracted under. Not the news I was hoping for and this will severely impact the financing...
I'm working on a potential article about this...So, it's rare that two romantic partners discover the awesomeness of real estate at the exact same time. So, if you discovered real estate first, how did you convince yo...
Remember that guy? He was on TV all the time. He talked about buying houses and making a fortune. He never talked about tenants, repairs, evictions, problems, etc. I wonder what happened to him. I know that Tom Vu wen...
Hello BP Investors!
I am looking for stories about your biggest real estate mistake, and what you learned from it, for BiggerPockets Wealth Magazine. If selected, your story, name and company will be featured in the ...
My team leader Dave receives guru advice from a couple of different guys. One in particular is a guy named Jay Conner from the The Private Money Authority. In our attempt to find private money, we came accross Marty B...