Andrea Chester
What do you deduct on your taxes?
I have a trip coming up that will be mixed personal/business. We own a rental property in Charlotte, but I also have family in town that I will be visiting. How do I organize this trip to make the most of my deducti...
Sergio Altomare
Tax approach for managing our own properties through an LLC
Hi Everyone,
Being that I have pushed the limits on time to do my taxes this year through an accountant, and being that I have been doing my own taxes for a long time, I am making an attempt to handle them ag...
Courtney Downtain
HELOC question. Just curious!
Hi BP team
Question- this is just hypothetical, What happens if you take out a home equity line of credit on your home that you have $40,000 worth of equity in, in order to use for a down payment on a second home, an...
Brian Filmore
What is your opinion of Trump affecting RE investors confidence?
In your opinion; How does Donald Trump's presidency affect real estate investors confidence levels on both a micro and macro level?
Jake Mires
Large real estate agent tax write off???
I need to write off about 40,000 in real estate sales income. Does anyone have any tips for larger write-offs that I can take advantage of before the end of the year? I took the entire cost of a new truck last year an...
Adam Azam
What to do with a poorly purchased, nightmare-only duplex?
With some of my wins, came a big loss with a duplex I purchased last year. I bought it over market for $175k. I found out that an almost identical duplex next to mine is getting offers at $165k. So, I would be taking ...
Paul Henry
Fire Damage Rebuild Great potential
I have located a fire damaged S/ Family that has since been zoned for multi-family in a area that has several new properties. Project seems overwhelming, need help to execute
K C
Do I need an attorney or accountant - Planning on renting my home
I am trying to determine if I need the services of a real estate lawyer or an accountant as I determine whether to sell or rent my current home. My situation, and questions, are as follows:
My wife and a I are going...
David Malaguti
Who pays the deductible on a master insurance claim?
A little background, I own and live in a unit in a 4 unit condo. About 6 years ago, I became the treasurer of the condo association, mostly because nobody else wanted to do it. The previous treasurer knew almost not...
Marylin OShea
Tax question on improving an accessory dwelling unit for AirBnB
Hiya!I'm a buy & hold investor in Annapolis, MD. Just gave up W-2 income this year to become a 1099, and I'm trying to apply leverage on real estate I already own: my primary residence. (It will take another year ...