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So my CPA last week said that he can no longer do my taxes because he no longer does extension and I can't get my tax documents to him before their internal deadline. As such, I'm left with the question - should I hir...
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Can somebody explain all the tax disadvantages for a house flipper? What's the best approach for a first timer? Buy and quickly sell the property after renovations or hold it and sell it after some time to save money ...
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My accountant has taken the position that health insurance premiums for full-time, self-employed real estate investors are not deductible on Schedule E since real estate is not technically considered a business ...
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Have you ever heard of a currency bubble? One could liken it to what happened to Germany after World War 1. The government printed money at an exorbitant rate in an attempt to stimulate the country's economy. Did i...
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So I'm doing a cash out refi on my primary and I was already expecting a low appraisal based on that information alone will bias the appraiser, but this is ridiculous!!! My house is worth about 800k, is single story...
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My tenants have been in place since 2019, and so far, I have been renewing and updating the lease with a 1-page Lease Amendment-Renewal Agreement stating the new term and increased rent amount. For their upcoming ren...
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Bought my condo 2.5 years ago on east side of Oahu.
Original loan amount $379000
Interest rate 3.75% no money down or PMI 5/5 arm
Current balance is $360000 roughly
My tenant currently pays $1900 a month which...
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New to BP forums and looking forward to start making connections!I have a scenario that I am looking for some tax EXPERT guidance on what the rules are for capital gains on a co-owned property, and best way for this t...
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Hi BP I currently own a triplex in Tucson AZ where I live in one of the units. The other two are currently leased out for the 2017/2018 and I have 25% equity in the property. My question is can I take out a HELOC on t...
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I BP Community! My weekly brief, hopefully insightful, dive into real estate and/or financial markets is below!
Today we’re talkin:
- Jobs / Inflation Report- New Housing Market Outlook 2024- Housing Affordability- ...