This is a case of where my accounting MBA background plus what I read online is in conflict with my CPA's knowledge. In filing my business returns (S-corp), my CPA seems to think that renovation expenses should go in...
I am looking for a good tax accountant here in Phoenix, Arizona.Last year after talking to an older couple who are RE investors with over 10 properties, they gave me the confidence to use Turbo Tax. I have a pretty go...
Hey Biggerpockets,
I'm currently targeting FSBO properties seeking owners interested in financing their own properties. Based on the majority of my feedback asking sellers is he/she is in...
Hi, I'm new here and have been reading through the threads. I found bits and pieces in relation to answering my question, but hoped I could ask the question here related to my individual situation.
The contra...
Not sure where to start.. I guess I’ll start by staying this happened in Texas, and my family lives in Colorado. I was transferred to Texas for work on a two year contract leaving behind my family to persue my career...
Hello BP Community,I will try and keep this post as short as I can, but ultimately I'm looking to ask the landlord and legal experts in this community about any advice that can be given to my sister-in-law about the s...
I'm wondering if anyone here has run into this and if so, how you dealt with it.I'm currently listing a rental as a private landlord and not getting a lot of hits except one applicant with solid scores and income. The...
So my husband and I have a combined $25,000 ($11,000 in mine, and about $14,000 in his) in old 401k's that I am looking to possibly use as down payments for rental properties in either a self-directed IRA or something...
This is my first forum question, so thought I'd start out with something light, such as tax reform. I just re-read "The Fair Tax Book" by Neil Boortz and former Congressman Hal Linder. Has anyone read this book y...
Just an FYI to those investors that either hire contractors for the repairs, renovations, painting, etc. OR Do It Themselves - the Federal RRP Lead Safe Certification Law that was passed a little over a year ago, is n...