Hello BP community. Have a question that I'm hoping someone may be able to offer some advise on. When purchasing a house to flip would it be better to purchase under my General Contractor LLC (mainly used for ho...
Hey All, I've also trusted and respected your answers on this site and was looking for some tax help. I am a first year Realtor in Denver and I am trying to find a tax accountant local who knows the ropes as far as Re...
I am in the Columbus Ohio area working on my first deal -- actually the property I am working on right now is in Cincinnati. Anyway wondering if anyone has used any real estate attorneys and accountants in the area th...
If you want to pay fewer taxes or outright avoid taxes in 2024, you’re in the right place. We’re about to give you all the last-chance tax tips and loopholes you can use NOW to pay WAY less in taxes in 2024. All of th...
Want to know how to avoid capital gains on your next home sale? If you tune in, you may dodge a quarter-of-a-million-dollar bullet (or more!). What about investing in one of the most tax-advantaged accounts that almos...
Hello Investment Community,I am a new investor looking to start my journey investing in multifamily apartment buildings. I will be looking for passive investors, real estate attorney, real estate tax accountant, a pro...
My partner (also my fiance) have been vetting CPAs for the last month. After getting many proposals we are not sure the money we spend on them will be worth the money they will save us this year due to such a small po...
Dear BP community,Perhaps this is a basic and easy question, but I am not an experienced bookkeeper. I understand debits and credits and income statement accounts vs. balance sheet accounts. But I am new to real est...
Hi everyone,I received a job as an Accountant for a small rental property management company in Richmond, VA. I was invited to interview even though I have no accounting background, and was ultimately given the positi...
I own a 3-unit multifamily property in Elizabeth Port, NJ. I got a study appraised (I haven't committed to the appraisal yet) that claims they can write off anywhere from $76,000 - $117,000. A couple of questions:Does...