I'm not really sure which forum this should be in. But my question is, how do tax write offs work as far as repairs and upgrades are concerned? I have read and heard some people say any repair and/or upgrade you pe...
I have 2 separate partnerships. One is a buy and hold partnership that we buy and rehab long term rentals. The second partnership is for flipping using all the investors money. I find the deals and rehab them and the ...
I have a partnership that owns a rental property. My trust has owned half of it for several years. I bought out the other half as an individual from my partner last year. So my trust owns half, and I own half.
Since...
It looks like I'm close to having my first property (woo hoo!), a duplex in Newbold that has a variance for a commercial first floor. It's set up to rent out as a large studio apartment, but I kind of like the idea of...
Hi all - does anyone use cash-flow after income tax to evaluate the attractiveness of a property? I projected positive cash flow on a prospective property... until I added my expected income taxes, which turn the numb...
We lost our STR this spring due to a wildfire. Our insurance (replacement policy) has paid out the cost to rebuild which our mortgage company is holding. Every cent of this insurance payout will be going to rebuild th...
Helo BP community!
I'm so excited to be joining this community of REIs. I am a real estate appraiser from miami, fl and my fiance and I are looking to start our own business in real estate investing. My fiancé is a r...
Does anyone have a tax/accounting person in Madison that they'd recommend? Preferably one with a good understanding of tax details for residential investment property. I had a great accountant who sold his business l...
Hi, Can anyone PM me with a recommendation for a CPA in the NYC / Westchester area that works with real estate investors and is preferably an investor as well? Thanks!
I need a new tax provider or CPA and currently live in Ft. Collins, CO. Does anyone have any recommendations? My CPA has went rogue on me and I need to replace him but I'm really not sure if I need a CPA or just a goo...