Picture this: Two charming 6-family units beckoning with promise, ready to be transformed into lucrative investments. But here's where it gets truly electrifying: our savvy client is seizing the reins on a remarkable ...
Hi BP Community! My name is Irish and I'm from San Jose, CA. I'm a tax associate for a large public accounting firm and my focus is on corporate taxation for financial statement audits (think 10-K, 10-Q and company ca...
I recently purchased my first commercial property. 2 weeks ago the tenant reached out regarding a roofleak. We've had some decent monsoon storms and it has backed up roofing companies. I decided to have my handyman pa...
Hi everyone!
I've been doing a lot of market research on where I should build my long distance rental portfolio and have narrowed it down to the below list. In general there seems to be a good amount of cashflowing o...
The March 16th due date has passed and among returns due were partnership and s-corp returns.
Many were hopeful IRS would have made an announcement regarding filing due date relief, but it's understandable the Coro...
Hi I just received my new STR tax bill (Horry County/Myrtle Beach, SC) and it increased 2.5X! Is anyone familiar with appealing? If so, any recs in the Horry County area?
Hello BP people!As you can see, this is my first post and I am new here. I certainly wish I knew about this website earlier on, but better late than never! I recently purchased my first investment property, a 3 family...
Good Morning Everyone,
I have asked a few questions on BP and gotten some good advice. I have done some marketing and found a few things. I bought a lot with some title issues I cleaned up for 18K all in that is ...
I have a property that I am looking to buy, which is currently benefiting from a 421-a tax abatement. The selling agent informed us that the taxes are $97 per month for this year. For the 2024-2025 period, the taxes a...
Hi fellow BP members, Looking to gather your feedback and suggestions related to a property tax assessment. My wife and I purchased a condo unit in the greater Boston area and noticed that the square footage listed i...