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Ask me questions on Real Estate Tax Strategy or Investing. Answering all Questions.
As a specialized real estate CPA serving investors nationwide, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your renta...
Matthew J. T.
What is the difference between wholesaling subject to and a mortgage assignment?
I have this situation where I may be doing either, because that is what my buyer wants and I want to make sure I do it legally and right. I've been learning about subject to deals, and also mortgage assignments but h...
Hannah Hammond
How would you invest 200k of private money at 10% interest?
Someone who I am close with wants to partner in real estate and is willing to private lend up to $200,000 at an interest rate of 10%. I have plenty of landlord experience in single family homes, but have not yet owned...
Shawn Connors
My First Business Plan
Hey BP,I have completely the first draft of my business plan. I know over time it will grow and expand, but for now this is it, tell me what you think!!!Business Plan for SKB Real Estate Solutions, LLC(Created on 7-2...
Jason Malabute
WYOMING LLC REGISTERED IN CALIFORNIA
I am an investor from Los Angeles. I have properties in Indiana that are in Indiana LLCs.My lawyer was the one who advised me to make a California LLC which will be the single member of all my Indiana LLCs. I heard t...
Justin W.
Tax auction Sale date?
Curious if anyone has experience with Tax auction properties..... In my state there is a delinquent tax auction held once a year, then there is a 12 month redemption period. If not redeemed the property is signed over...
Drew Y.
Does the Warren Buffet method work in Real Estate?
Warren Buffett when asked about his time horizon for investments. He answered with "Our favorite stock holding period is forever.” That got me wondering about real estate as I know folks in the boomer generation that ...
Al Williamson
Do Landlords Have Neighborhood Obligations
Are landlords obligated to contribute to the community surrounding their rentals? If so, do you think landlords in a well-to-do community have less community obligations than owners in low income neighborhoods?
I th...
Justin Goodin
I spent $33,836 renovating this apartment unit.
I spent $33,836 renovating this unit.Here's the breakdown:-Quartz Countertops: $3,500-Heat Pump System: $5,500-SS Appliances: $1,773-LVP 20 MIL Flooring: $4,406-White Shaker Cabinets: $4,000-Washer & Dyer: $400-Ba...
Erica Moore
Worth it to allow pets?
I'm setting up a new rental (large SFR with backyard) in Cozy and can't decide if I should allow pets or not. My current tenants don't have pets, so it didn't come up previously, but with the new listing I'm leaning t...