Jennifer Stauth
Hotel Due Diligence
I am looking into purchasing a hotel. The numbers and cap rate look good. I am getting a copy of the bank statements and taxes. I have the occupancy rates. What else do I need to look at before I send an offer. Manage...
Jonathan Taylor
Did you do this for your first loan?
Hi folks,
I’m planning to buy a multi family in so cal and ran into an issue with my lender.
I make high 5s a year but am an independent contractor so I write off a lot of what I make to take best advantage of taxes...
Alfred Bell
Is this a labor law violation in Calif?
I'm thinking about getting an owner/builder worker's comp insurance policy so that I can engage a few guys to do a condo remodel for me. I want them covered with workers comp to avoid any liability lawsuit if anyone g...
James Meehan
Getting Tested?
Not you getting tested...getting the building tested!
As a Home Performance Expert I run into many situations of uncomfortable, unhealthy, and too often unsafe indoor home environments. When it comes to getti...
Allan Ste
converting owner-occupied duplex to fully rented duplex-depreciation question
Hello,
Was wondering if I could get some guidance from someone who may have some experience with depreciating rental property, specifically for tax purposes.
I have owned a duplex since 04 and have owner-occupied it. ...
Jordan Williamson
Can my IRA lend money to my business partner for OUR real estate deals?
Would this be considered "self dealing"? I lend him the cash from my IRA. He uses that cash to invest in our deals. To me it seems like it is two separate transactions independent of each other, however I just want to...
Matthew F.
Education as a deductible expense
Hello BP,
This is my first year as an active real estate agent in Roanoke, VA. I am considered an independent contractor by the IRS and will receive the 1099 form instead of the W-2 form that I am accustomed ...
James R aduna
How to utilize Cost Segregation to your advantage
Hi BP Community,
I was hoping to get some feedback on the best ways I can utilize cost segregation for my taxes this year and if anyone has recommendations for a Real Estate Accountant in the Los Angeles area that ...
Jesús Andrade
Good time to invest in Stockton, CA?
is it a good time to invest in flips and/or rental properties in Stockton, CA?
Ken Rishel
Anti Money Laundering – a Technical Explanation
From another client report (this one from 2012) - sans footnotes and references.All Americans are experiencing the expansionist wave of government control over all of our activities, and businesses are being increasin...