Shafi Noss
Is Depreciation Worth Anything?
I see a lot of investors get excited about depreciation because property values usually go up, but investors can report they went down on their taxes.I am skeptical this is actually an advantage.For example, commercia...
Kevin Burns
Land Value Assessment
I'm looking to wholesale a property that is in real bad shape, built in the 1900's. Honestly, I think the only way to market this is as a pop-top, expanding the house into a full scale construction adding bedrooms, ba...
Drew Dim
Have your LLC sell a home to yourself for tax savings
I have what seems to me to be a potentially complex question, som here goes:
I own a lot in my own name. This lot is actually 3 combined build able lots (yes it's all legal/permitable, etc so please don't ge...
Account Closed
STR: Rehab Loans and Taxes
If all goes well this week, I will be getting a AHFC REHAB Conventional Loan- Owner Occupied, on an unfinished duplex. I have SO many questions. One side is only wired and framed. The other side needs some electrical ...
Don Konipol
A Tax Lien Warning Story
This is a story from my past that provides a perfect example as to why investing in tax liens at auction is so dangerous for any but the most experienced and knowledgable investors
20 years ago I purchased a SFR as a...
Etan Frankel
1031 Exchange - Strip Mall to Multi Family
Am I able to do a 1031 exchange from a strip mall to multi-family? If yes, am I allowed to be a tenant in the multi-family?Thanks!
Patrick Flanagan
seller financing pitch
I was curious if anyone could help me on my seller finance pitch. I know there are lots of ways to do this.would you say the most important step is finding out what they need first? or is there a strategy when sending...
Ashley Campbell
Does a newbie need a RE focused CPA up front?
Looking to by one or two LTR props prior to year-end. Working on building my team around me and trying to decide if a RE focused CPA is needed for "Tax Strategy" at this point. We are W-2 employees with pretty strai...
Jeff Moore
Opportunity zone, neighborhood revitalization accountant needed
Hi BP,I need an experienced CPA that knows Opportunity Zone, Neighborhood Revitalization tax credit, New market tax credit etc... I own a 16 unit apartment complex in areas listed above in NJ. I have an opportunity ...
Jeff Moore
CPA needed W/ experience with OZ and UEZ
Hi BP,
I need an experienced CPA that knows Opportunity Zone, Neighborhood Revitalization tax credit, New market tax credit etc... I own a 16 unit apartment complex in areas listed above in NJ. I have an opportunit...