I received a CP2000 notice from IRS and send to my accountant who prepared taxes.  The inquiry was resolved with a simple letter to IRS explaining where income (rents) were accountant for in LLC return.  The issue was...

I purchase non-performing 1st position notes. Like most notes investors I am used to seeing a lot of odd things during due diligence that can make or break a profitable deal. While my goal is to attempt to work with t...

I just set up my solo 401k under uDirectIRA, and the LLC that will be 100% owned by the 401k, and ready to buy real estate using the LLC.
My question is regarding taxation. Should I give my LLC's EIN number or my 40...

So I've read that you divide the yearly rent by the down payment or cash in the deal? Is that close to right?
So if I have a 3plex and I occupy 1 of the units, how do I calculate COC?

I did a search and really couldn...

Should I give them a receipt at all times or should I give if they ask for it? Tenant is paying by cash. I have a tenant that recently signed lease that starts on the 1st of this month. After discussion back and forth...

So heres the million dollar question that just keeps coming up
Which Assignment contract do you use?
Im looking for examples of assignment contracts that real people use on a daily basis. I have a contract being writt...

I would like to start this forum so we can all ask the burning questions and hopefully those who are experience can weigh in.I’d like to kick this off with the following question. Can anyone recommend where I can get ...

Hello, Bigger Pockets community! Should I set up a DBA as a sole proprietor and open a separate business bank account for paying my mortgage and all property-related expenses?
I am in-contract for a multi-unit proper...

I am looking for examples of good branding for advertisements for a real estate investor. I've considered things like "Austin Buys Houses' and simply Works Properties". I just want to be consistent in my marketing wit...

If I'm living in a house under a rent-to-own contract does it count as an interest in real estate? Specifically for the purpose of qualifying as a first time home buyer, assuming the qualifier is "does not hold an int...