Even if you have strong positive cash flow from your rental real estate, chances are you still have a loss for tax purposes due to the depreciation deduction.
This is a great tax strategy because your positive cash ...
Hi All,1) Need some advice. Most of the cash out refinance lender require me to move the property from my LLC to my name for the refinance, is that a normal operating procedure or is it a taxation nightmare to move i...
This will be my first investment with a partner. I do not want to own the property at all. I just want to finance the property and take my profit and go. The LLC states and I will change this, "that mediation is the f...
Hello BP community,Thanks in advance for your help! Hypothetical scenario; I live in California, I am buying a property with a few of my friends/partners who also live in California. The property we are buying is loca...
Hello Fellow Investors,
I am looking for some guidance, I am building a proposal to present to investors. But I am curious from people who have some experience or have partnered with others who provided the capital ...
Wondering if anyone has tried or has any experience using legal zoom to set up an LLC? Did you find it convenient and useful or not? Is there another path I should travel?
Hi,I am looking for a RE CPA hopefully with bookkeeping service as well. I need to do cost segregation and someone who can explain to me how I can get as much tax deductions every year. I am doing my bookkeeping by my...
Hello BP,Tenant disputed itemized letter of the SD. Last week we had the civil hearing at the MDJ and tenant was awarded partial judgement for about 300 bucks plus court costs. The only information on the judgement st...
I won't even try to convince anyone who wants to own a multimillion-dollar real estate portfolio that they can easily do so within a few years. In the process of acquiring a multimillion-dollar investment portfolio ov...
Hello Everyone,
I'm looking to have my LLC created this week and think it may be best to go through a service that'll help.
I've heard of Prime through Pace Morby and have considered using them, but is there anyone...