Phillip Austin
Tax implications of buying a rental in December vs. January?
Good morning,We are looking to see what are the tax incentives of buying a house outright in January 2021 or December 2020. We are new to the RE game and are looking for any advice that could be offered. If you have a...
Dax Kirkwood
Portland Oregon CPA Recommendations?
I am looking for any recommendations for CPA's with a background in REI. I don't know if this is akin to asking for someones favorite fishing spot or not, but I would greatly appreciate any thoughts/references.
Juan Salas
Protest Property Taxes
Hello team,I bought a foreclosure a few weeks back which I will be fixing and selling this year. Should I still protest property taxes and use the lower taxes it as an added "benefit" to the new buyer?
Nicolas Pretelt
South Florida Real Estate Accountant & Tax
Hi community,
I just completed my second wholesale deal, so after getting my check I started thinking about the taxes for the upcoming year.
How does the filing of taxes work for wholesaling real estate...
Brendan Chisholm
What I learned from my first unsuccessful apartment closing
Since the end of 2018, I have been fully immersed into learning the ins and outs of apartment investing. I have consumed vast amounts of content ranging from books, periodicals, newsletters, while also listening to ov...
Aaron Smith
LLC in DC, Maryland or Virginia?
Hi BPers,I'm starting a business in the DC metro area with my brother. Just from some quick research, it looks like the path that we want to go is a LLC partnership and not a corporation structure (S or C corp).My que...
Yushengji Zhou
First time investor
Hi, My name is Roger. I currently live in Los Angeles. I get to know bigger pockets and the real estate investing world last year.From that moment, I have been saving up. So far, I have saved about 50k and i want to b...
Jerry Kisasonak
Seller is free and clear but owes back taxes... can I buy on quitclaim deed and resell?
I have a seller that has a property that she wants off of her books by year's end. She owns if free and clear but owes back taxes of 3K. She's willing to sell it just to get out of it, $3K sales price.
I want to whol...
Tak Ogihara
[Calc Review] Help me analyze this deal
Hello all,This is my second attempt at using the BRRRR calculator. I've now accounted for mortgage insurance, higher allocation for capex and general repairs. I've also extended the time for refinancing to allow for "...
Bob Berry
Should I stay or sell?
Hello BP peopleI find myself on the fence, I have a owner occupied triplex in Venice CA I have owned this since 1995 the property has appreciated a lot looking at about a sale of 2.2 million My problem is that I can't...