Sasidhara Manthena
STR with Airbnb or any other platform?
Hello,Happy New Year! Hope everyone had a great holiday season. I am new to Airbnb. I would like to start out with a 3 bed , 2 bath in Ybor city/Tampa, Florida downtown area. Is anyone doing it already in that area? I...
Govind Vartikar
Ownership personal vs LLC
Hello, I am looking to purchase rental that will finally reside under LLC and will be using bank financing. What stage of the process(before going in contract, between contract and closing or after closing) is optimal...
Thomas Breedlove
Should I elect my LLC to be taxed as a corporation?
HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...
S Harper
Should I pay off rental when I refi my home? Tax implications?
We have an opportunity to refinance our home and cash out enough to pay off one of our rentals. By doing this we will lower our monthly payment by 450/mo OR if we make the same payments we can reduce our total cost o...
Reaz H.
Cost segregation strategy for LTR/STR mixed use MFH
I am exploring STR as a strategy to use accelerated depreciation to offset my W2 income. I am exploring the acquisition of a property that is a SFH but has a couple of ADUs in the same lot. Now ideally I could STR all...
Joseph Wojciechowski
Scalable Business Planning
I am an investor located in Michigan and in the process of developing a business plan but am struggling to figure out how to set up my LLCs with scalability in mind. Below is a rough outline for both a buy/hold and fl...
Choon Yee Dee
Looking for a CPA for tax filing and tax strategies throughout the year
Hello,My partner and I are out-of-state investor from California and we recently purchased a property for STR and looking to purchase more STR this year. We are currently looking for a real estate investor CPA to assi...
Slawek Jakubowski
K-1 loss (box 2) vs capital gain from sale of investment property
Hello everyone,I sold my investment property last year and realized a capital gain. I also invested in a syndication for which I received my first K-1, where box 2 shows a net rental real estate loss. Can I use that ...
Rory McGonigle
Tax Implications for Out of State Investors
What are your tax implications if you set up a LLC in your home state, but primarily buy RE in other states? Specifically for buy and hold REI. Would you owe any taxes to the state where your property is in? Or sim...
Tanya Maslach
Using an IRA for downpayment funds?
This may not be a "creative RE Financing" topic - so please forgive me!I'm just starting out to build my portfolio -- (I have a SFH that is LT rental and have done that kind of thing for years...but moving on into mo...