Alton Bell
Needing to speak with a CPA
Hello BP Community. My name is AJ and I’m based in Phx Arizona. Me and my girlfriend are planning to get into the reAl estate game and want to begin flipping properties. Not so much buy and hold or rentals but buying ...
William Lamping
1031 Exchange with spouse
I have received an offer on my rental property from the county. They want to improve the adjacent roadway and my place is in the way. I have owned it for 15years and its been a rental for the past 11 consecutive years...
Chris Walters
Collecting Rent through ePayments (Yes or No?)
Hi everyone,What is your opinion about collecting rent through electronic payments? Specifically online debit or credit card payments. Any good or bad stories? Any methods of preventing a tenant who uses a frauded car...
Daniel Suarez
cash-out-refi to cover loan or Sell stocks
Hey All, I purchased a home about a year ago for around $200k, I put close to $90k in fixes and did a historical appraisal that came up to $410k. I borrowed $70k from family and was planning to return it after the ref...
Daniel Dietz
UDFI Difference in Loan vs Partnership?
Hello All, I have been using SDIRA and SOLO401Ks for some time and understand when *I* have to pay taxes related to borrowing money. Where I have a questions now is that I have a potential 'investor' who might be inte...
Account Closed
Foreclosure Auctions - Substitute Trustee Eligible to Bid?
Hi BP Community—
In Virginia, when a Substitute Trustee is assigned and that firm brings a property to auction, I'm wondering if that firm - or their affiliates - can bid on the property at the courthouse steps. Or, ...
Wes Brumit
Can this be done? Need some guidance?
Please point me in the right direction. Maybe a thread , blog, podcast that discusses the following question:My current profession affords me the opportunity to know of many individuals that I have a current relations...
Account Closed
Multi-units in Buffalo, NY
My partner and I are hoping to move to Buffalo, NY within the next 3-5 months. We are eager to begin "house hacking" in a cheaper city (we currently live in Washington, DC) in order to save thousands in housing expen...
Jeb Brilliant
Does it matter where I bank? Can you suggest a template for tracking stuff/everything?
Hi All,When I get my first rent check I need to figure out where to put it. I currently bank with a credit union that will only allow me to have 1 checking and 1 savings account. I am able to have sub accounts like if...
Marcus Trahan
certified public accountant
How to find a CPA in Lafayette Louisiana that knows Real estate law.