I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way ...
As a realtor specializing in investor friendly and often short term eligible properties, I can attest to the increasing difficulty with determining the eligibility and feasibility of permittable short term rental coas...
Hi everyone, I basically have a friend paying for an investment property which we will flip and then share the profit. My question is - do i have him pay into the LLC and then pay the title company from the LLC? Or ...
Selling an investment property, that I purchased for little to nothing and selling for over a huge profit, after renting for 5 years... what is the best way to avoid huge capital gains tax. Do I have to buy another ...
pros and cons?Suggestions?Thank you in advance
I have a different thread about whether or not Realtors are worth their commission anymore and TWICE during the discourse agents compared themselves to doctors. I have also seen this posted on various other threads o...
Hi Everyone,
I live in Oregon and we're one of 14 states that has foreclosure consultancy laws. I've been told by my title company that I can't perform investor short sale transactions due to these laws.
Verbiage i...
We have a friend who went to a Fortune Builders 3 day seminar and he is buying into the mastery program (or thinking about doing it). He is wanting to get us in with him as partners. Its $33.000 for their program. For...
Hello Fellow BP Members,I just wanted your input on whether or not I should get my real estate license. I live in Ohio and I know some states are different than others.But instead of just asking for others input, I wa...
I currently manage 7 rental units and have been thinking about installing some home automation devices to better help manage the properties and receive alerts. Idea 1: we pay for heat in one of the buildings. I have...