Hello BP, I recently purchased 2 homes, one for living and the second one for investment. Close to Miami (Florida). I would like to know how are you doing with your taxes? All the CPA's I have contacted don't seemed v...
I have 2 rental properties. I have an LLC. My LLC has a business checking account. All of my spending and rental income flow through the LLC business checking account. However, none of the rentals are owned by the...
hi, I'm a newbie looking to get going. I have a couple of avenues I'm investing in. It was suggested I set up an LLC for each avenue and an SCorp overseeing them all.Can anyone provide guidance/thoughts on if I should...
Hello everyone this is my first post so please bare with me. About a year ago I purchased my first sheriff sale property. I had done lots of research and and found a property that I thought would go real cheap at the ...
Good morning, regardless of what happens today, there’s a HUGE bill due from covid.1031’s, capital gains, and now the stepped-up basis could go away. Rather than people thinking I’m coercive, please just google “step...
I am confused. I just started learning how to underwrite commercial real estate deals. The property that I was interested in last sold in 2019 for 2.5M and the property taxes have stayed relatively the same since. How...
There are a lot of the above mentioned in here but how does one choose the best agent to go with? I'm sure everyone here is an expert at some level but like all things some are a better fit than others for a situation...
I have purchased a Tax Cert in Alabama and have some questions on the insurance aspect. Here is some back ground.Tax Certificate, Former Owner is Still in Possession, Bought at 2018 Sale, Residential Structure on Prop...
I live in nyc and will be buying properties to rehab and hold and rent in Jacksonville, FL in next month or so. I'm going to be setting up a LLC to do this with. Is there a reason I should set up LLC in either Florida...
Hello All,First discussion post and new pro member here. Got that out of the way. I am looking for a great accountant near me. One that specializes in real estate (obviously since I'm here). I've reached out to few ...