Hey BP, Have any of you used gap funding for your flips to cover the closings costs so you can scale and do more at a time or what are you doing?  I can do about 2 at a time but the closing costs and budget overages k...

I have two current rental properties (1 in NJ and the other in OH) and looking to acquire more (possibly in OH). The new properties will either be long term rental or STRs. I am considering moving my existing properti...

Last few years have been making $250k as a Realtor. I fired my last accountant as he made some errors as well as gave poor advice. I hired a new CPA and he told me to create an LLC as my name, open business checking a...

I would love to hear from those out there who self filed their taxes for their new REI LLCs in the first year without any investment properties/deals yet. I’ve heard many say not to bother hiring an accountant/large f...

Hi guys! 
I have several questions. I want to grow my real estate investment in Texas.
1. I want to bundle real estate properties of mine, relatives and friends combine as one. Can it be done by REPT or an LLC? and ...

I recently bought my first duplex in the Dallas-Fort Worth area  and it have been a doosey. I am currently looking for a CPA to help me with tax planning for the future and tax perpetration for the year. I really woul...

Hello, purchased our first primary residence in May 2023. Are there any tax benefits to “renting” one of the rooms to your young adult kid? Also, any recommendations for new homeowner tax advisors in San Diego? Mira M...

Hello bigger pockets!

My wife and I were presented a property by our REA and could really use some professional advice about the options for us to acquire the property, here's the skinny:

We want to open a wedding/e...

I have a primary residence in CA and 5 investment properties OOS and I have insurance (and an umbrella policy on properties under my name directly) on all property. I'm wanting to connect with an asset protection spec...

HelloI have 3 rental properties and want to double check for depreciation best practices.Rental 1 Net income : -13,500 (Due to a lot of repair/renovation)Rental 2 Net income : 6,000Rental 3: 3,000So i thought, I don't...