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Results (10000)
Peter Lee Capital gains or ordinary income?
20 July 2019 | 11 replies

Say if I entered into escrow on a property, went through entitlements, and put in money to develop the project, and upon successful achievement of entitlements sold the property for a higher price than what I was in c...

Jessica Beard Which state should I create my LLC in?
3 December 2020 | 13 replies

My brother and I live in California and will be partnering in investments so we want to form an LLC. We will be investing in Ohio for the time being. Which state should we form our LLC in?

Robert L. How to report flip fees in LLC tax return
13 November 2018 | 9 replies

Hi, I know this is a question for a CPA and I will schedule a meeting with him, but in the meantime, I wanted to see for those of you who might already know....I have an LLC that contains 5 properties and I have been ...

Kevin May Should I make a handyman an employee or contractor
8 February 2019 | 10 replies

Hey everyone,I have a tenant that I pay hourly for handyman projects at all the properties I own. I was thinking for liability(him breaking tenants property or anything else that could happen) reasons about making him...

Nat Serrano How much will I pay in capital gain taxes?
11 April 2022 | 15 replies

Hello all, my question is pretty basic but I cannot find a good answer online. 
How much will I pay in capital gain taxes?I have a triplex that I bought for 200k 6 years ago, I refinanced to take cash out and now I o...

Jason Baker New Investor with Questions
11 May 2017 | 8 replies

Greetings! My wife & I are new investors in South Florida, Martin County, we've been attending some local REI meetups here in our area & enjoying meeting many good people. We want to get in the game but want t...

Jam Jackson Calling all those with House Hacking Experience
17 August 2017 | 8 replies

Hi all!Newbie investor here. Some questions have arose for me after doing some reading, podcast listening, and property analyzing.For those with house hacking experience (especially with FHA financing) - based on your...

Kyle Press Mistakes you’ve made, that I can avoid
25 October 2022 | 9 replies

Hello everyone. Welcome to my post. I am 25 years old, single, and active duty. I bought a house knowing I can make money, AND have a place to live while I’m in the military. So far, it has been successful. It’s a sin...

Victor B. How does accelerated depreciation work + request for resources
26 May 2022 | 7 replies

One thing often mentioned on the BP podcasts is benefiting from accelerated depreciation for tax purposes (specifically, I'm talking about taking a 100% depreciation in the year of purchase). I recently reached out to...

Jordan Roberts Joe Biden Tax Credit Strategy
16 January 2021 | 4 replies

Ok, so this may be a long lead up, but I'm explaining the whole strategy here. I posted yesterday another topic asking about how cool banks are with letting your primary house sit vacant for 1 year, then using it as a...