Hello BP, I have an opportunity to develop an extended stay hotel in a rural market. The market is small, so I don't think traditional data sources will have much info. The market has a few employers which draw in tra...
Hello everyone,My partner and I would like to start rehabbing properties. We have the construction background and the capital from private individuals. My question is about establishing the company.. LLC or S-Corp? Ho...
Hi fellow investors,
This is not related to real estate. However, i received a tax bill from the IRS in the mail yesterday because i had some unreported W2 and retirement income back in 2012, and i actually d...
Hi All,I have the possibility of buying a mixed-use 4 unit (2bd/1br) with 2 commercial properties included. Brand New construction, in very popular up & coming town 30 mins outside of major city.How can I go about...
how much should i set aside if i get $10k wholsale fee?
My goal is to invest in a multifamily property to live in/airbnb. Me and my significant other are currently located in NJ but dream of making this move happen on the island. Why? One reason is to invest in the land my...
I'm looking for a rock star REI CPA in the Capital Region that is well versed in NY RE tax laws, Partnership/LLC tax laws, recent QBI changes and comfortable with multi-state filings.My financial profile in 2018 shows...
Hello,I am thinking about starting my real estate portfolio and have warmed to the idea of it being apartments only. How does everyone else feel about this? I would love to hear from others who employ this strategy an...
Good Evening,I am taking my last 2 years Taxes, 2 months of Bank Statements, Drivers License, Social Security card , Copies of work checks for the year ( Self-Employed ) To two seperate Lenders that I have been talki...
Has anyone been audited by the Employment Development Department / DE 231TA?I've been operating for a number of years, and just got a letter informing me that I'm being audited. They want a large amount of documentat...