Christopher Smith
New Tax Law: 20% of Qualifying Business Income Deduction
Has anyone found any authoritative sources that indicate the 20% QBI deduction under the new tax act applies specifically to rental real estate properties that are considered as Passive Activities under current law? T...
David R.
Tax Implications after adding 3 units.
Hello everyone. Looking for a little guidance on my property in Los Angeles.My long time CPA has passed away and we are looking for some guidance. We finished construction of 3 additional units on a property with a du...
Karissa Sampson
Urgent help with partnership tax transcript-closing in 3 days.
Underwriting is being difficult. I close in 3 days and they want an IRS Transcript for a partnership return. I cannot find this on the IRS website. Since a partnership is a pass thru entity, is the K1 showing profit/l...
Sola Obitayo
Newbie to real estate investing from Houston
Hello Everyone,I am Sola Obitayo an Electrical Engineer in Houston. I am really new to real-estate investment with zero experience. I am very interested in starting real-estate investing this year. I have been to a c...
Sean Beck
First Ever Real Estate Purchase
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $320,000
Cash invested: $80,000
I bought a single family home in Prescott Valley, AZ. The home is a 1675 sq ft thre...
Account Closed
When to replace A/C & Furnace?
Hi all! I'm new to BP and was hoping to get some advice. I have a 25 year old single family home with its original A/C & furnace. The A/C unit is pretty rusted outside but still functions. However, my tenant notif...
Gary Pilkington
Cozy users: Cozy is now Apartments.com. What are your thoughts?
As the owner of a small rental portfolio, I took over my own property management duties in 2019.Cozy made this transition extremely smooth and easy for someone who has never managed rentals prior to this.As a seasoned...
Jassiem Robinson
Beginner Investor Looking for Advice
Hi All! I'm a brand new real estate investor close to locking in my first property. However, I am trying to follow the BRRR strategy but also trying to house hack at the same time, so I'm not sure what this strategy w...
Elizabeth Zelaya
LLC? Please help!
Hi! I'm just starting out and recognize the importance of an LLC. Should I pay a tax professional to help me setup my first LLC, should I just do it myself (the form seems easy enough), or should I pay for online serv...
John Carlin
Anonymity Llc structure
Anyone have experience setting up anonymity with a Delaware/Wyoming Llc? I understand the concept, but not sure on how to officially set up the structure. Is it as simple as filing a manager managed in Delaware?