Wai Chan
20% pass through deduction for rental income
If me and wife own a piece of rental property (joint tenants and not under any LLC), does it consider as pass through entity? When we file tax jointly next year, can we claim the 20% pass through deduction for the ren...
N/A N/A
Anyone have luck selling property through Ebay?
Just thought about using Ebay as a means of marketing property. Has anyone sold a property through Ebay? What are the benefits? Downsides?
Ben Skove
S-Corporation Compensation vs. Flow-Through Income
After meeting with my CPA today, and going through a number of back posts from the BP forums, I'm interested in hearing more about how the IRS oversees the balance between S-Corporation compensation versus flow-throug...
Anthony L.
Home warranty plan discount through an agent?
I've heard that some home warranty companies (such as Old Republic) has deals with agents, so if you have the agent purchase the plan for you you can save up to $100/year on the plan.
Is that true? Any thoughts? Thanks
Reid Mathews
Can I Write Off Expenses Through LLC
Hey friends, this may be a silly question. But if I set up an LLC (to buy rentals in the future of course), can you buy anything in the name of the LLC if it is business related? The exact example, could I set up an L...
Jack Moran
Older home property line drawn through it
I just looked at an older home "House A", built about 1900 that predated subdivision of it's own lot. The realtor tells me that "House B" was the second house also built and owned by the same owner of House A and th...
Parth Patel
Buying property with rehab half way through
I am looking for buy and hold properties. I have found a property which looks like it was in process of being rehabbed, but the owner decided to sell half way. What are things to watch out for in these kind of propert...
Jide Akinyode
Refinancing an Home acquired through Assumption Agreement
Hello Everyone,I recently acquired a property using an Assumption agreement (without lender consent). Here's my scenario:I bring $18k cash to the table. This money went towards reinstatement fees from a foreclosure on...
Bennet Sebastian
How to sort through foreclosure auction list?
Hi BP Community,I've recently started getting serious about buying SFRs at the county courthouse auctions. I've spent hours reading a lot of the related posts here on BP which was very helpful. I've got a list of abou...
Derrick Lu
Complex going through a $1 million renovation
Hello,A town home complex is going through a $1 million renovation this year. New roofs have been done, sidewalks, landscaping, etc. with more improvements to come. Is this a perfect time to buy? I assume this will...