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IRS CP2000 Notice: Why Real Estate Investors Need to Think State & Federal
Quick story that could save you thousands in tax exposure...
Had an investor client who received a CP2000 notice for unreported rental i...
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Hello BP Meembers,
I am currently in the process of setting up my LLC and my CPA told me to set it up under a different state LLC because it's much cheaper. I live in Chicago and he said that it costs around $500 to...
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Hey everyone,I'm starting to get sweaty palms just thinking about typing this out as it would be my first property and it's all cash (would love anyone's opinion on financing with private money would be better or not....
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Can someone read this example and tell me one way or another what's possible. Just sat with another friend/CPA and what he mentioned I was not aware and I am not sure if it's accurate. Nothing against him, as only a...
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I have read and read, and maybe someone can direct me to. Post similar to my situation. I think its easy and straight forward, however, by reading others situations, it get lost. I have home in my name only. I am rent...
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Hi all! My husband and I are just getting acquainted with this awesome board and were hoping to get some advice. We moved to the Bay Area a few years ago and live in a new three bedroom townhome we rent for 3900/month...
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Hello Everyone,I am new to BiggerPockets and to the area, I recently took a job offer in New York City and I reside in a small rental unit in Hoboken. I am looking to move out of Hoboken soon and get started in real ...
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Hello everyone, I've never posted anything until now but I've been on here reading, learning, absorbing for a few months now and I haven't seen this topic fully discussed so maybe we can use my own situation to help ...
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So I have a buyer (personal friend, reliable) that wants to submit an offer on a property without the full proof of funds in his account. He needs to make a deposit of about $10k more into his account to make this ...
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Hello all,
I am looking into different hard money lenders for possibly funding a home that I plan on fixing and selling right away. A little details about the property we have it under contract for 90k and it needs a...