Troy P.
RE Professional Status for Spouse
Hi all,
I believe it is common to have a situation where one spouse brings in majority of the W2 income and the other is either a stay-at-home parent, works part time, etc. and they can easily qualify as an RE profes...
Marc Shin
Best way to save receipts for REI?
New investor here. What's the best way to save and organize digital receipts and to snapshot paper receipts? is there a good phone app? or software to use? TIA
Julio Gonzalez
Tax Planning Considerations with the New Bonus Depreciation
As I’m sure many of you are aware of, bonus depreciation began its phase-out this year. Bonus depreciation has been a key element in the tax planning strategies for many businesses which allowed for a large portion of...
Nicholas Whelpley
Does it make sense to buy for rental property that doesn't hit 1% rule if I Househack
I have been listening to the bigger pockets podcasts for a very long time and have been in analysis paralysis for years. I plan to take the risk ASAP and am looking at a rental property that I plan to house hack. I pl...
Jason Patterson
Seller just wants to finance.
Ok about to make a offer on a very clean rental house that has been rented for 25 years by same renters. Owner doesn't want to sell out right because they don't want to show a big capital gain. They are interested in ...
Casey R.
CA wholesale, cheapest one time use entity?
I have a CA resi wholesale deal. Need to go to contract and don't have an entity set up. I want to avoid the 800 extortion fee since this is just a single deal and I'm not regularly operating in CA. I'm a CA resident ...
Amit M.
Holding title in CA question
Hi. I’m wondering if it’s possible for a married couple to do this: 1- for spouse A to hold title to an investment property (in CA) as “sole and separate”. 2- for that property to *automatically* be transferred/inheri...
John Hickey
1031 and appraisal costs
Looking for some input from investors with 1031 experience.
I know that free advice is worth what you pay for it. So with that disclaimer and the knowledge that I have a QI and and a CPA. I would love to get some ...
Matt Smith
Properties in California: LLC in Nevada or Wyoming are BEST?
I have rental properties in California. I want to better protect myself and have an LLC. I heard that having an LLC in Nevada or Wyoming offer max protection. Is it true? Even though I reside in CA?
Michael Pannacciulli
Buy as an LLC or Individual investor under my name?
Hi - I'm curious the best way to approach that initial investment purchase. Should I buy it and move it under an LLC? Buy it as an LLC? Any suggestions? Thanks.