Robert Kriedermann
My lender spent my escrow on taxes for the wrong parcel.
A few years a go I purchased 2 duplexes from a single seller with cash that are about a quarter mile from each other on the same street.Over a year ago I refinanced just one of the properties. The payment was $857.70 ...
Bryan Hancock
Depreciating Land - Legally?
I ran across this article this evening when I was researching some other tax matters:
Who says you can't depreciate land?
The basic procedure seems to be:
1. Split the improvements from the l...
Christina Williams
Beginner investor working as a silent partner
Hi BP!I'm new to REI and I'm working with a seasoned investor on a SFR flip so I can learn more. I am putting up about $50k into the flip as a silent partner and he said he's putting up about $30k into the flip. The o...
Kasey Ryan
First Time Homebuyer Interested In Riverside, Illinois area. Many questions and a math check.
Hello there Bigger Pockets community!Kasey Ryan here, I introduced myself a bit ago on the new member introductions forum. I've been doing more research, and have come to a point where I'd like some more exact numbers...
Jeff Thompson
50/50 rental - late filing. partnership? Schedule E?
Hi everyone, new here, looks like a great resource to the avoid the mistakes I'm dealing with now...
In late 2008 My father and I purchased a property 50/50 down payment initially(we're both on the title), since then...
Tyler Wagner
Avoiding Capital Gains Tax
Hello!I am a first time house hacker. I will be closing on my duplex soon with a fha loan. I will be renting out my current primary residence and moving into one of the units of the duplex while renting the other side...
Heyward Lovett
Managing Multiple Properties
I current own multiple properties and was wondering what you thought about having checking accounts to represent each unit individually or one checking account representing total portfolio.
Jerry Jones
Investment strategy for SD Roth IRA
I remember I saw a topic like" What would you do with $50K IRA account" started by Josh, but could not find it anymore.
I am thinking about rolling over my old not performing 401K into a Roth IRA for a better return ...
Edmond Dantes
Property manager omits to have received money in the own statemnt
October 2020I have purchased a single family home in Ohio with a cash offer. The realtor who helped me in the purchasing process has recommended the title company, moreover the realtor has made a small rehab for $1,50...
Account Closed
Seasoned Real Estate CPA Expert Answering all Questions on Investing Tax Strategy
As a specialized real estate CPA, I'm here to provide expert guidance on your most complex tax matters, from navigating 1031 exchanges and cost segregation studies to optimizing your rental property deductions and han...