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Results (10000)
Brady Hanna Real Estate Professional Tax Status ?'s
18 October 2023 | 14 replies

Hi all, I appreciate your help in advance on this extremely complicated topic.

My wife and I are trying to find out what exact details will count towards the 750 hours of "materially participating" in real es...

Chris Clothier Ohio Cash Flow
10 September 2016 | 8 replies

Just wanted to throw a quick note out to the readers here on BP and those searching or asking questions about Turnkey companies.I have met with dozens across the country over the last few years and many that are no lo...

James Wheelock 88 unit value-add Deal question
6 May 2016 | 13 replies

Okay so my fiancé and I tackled our first deal which was a four unit that cash flows great for us now. Since then we watched @BrandonTurner talk about approaching complex owners on one of the webinars. So I decided to...

Jacob R. Crosby Apartment Building Prices to High Today
7 March 2020 | 28 replies

In the area I live the apartment building prices have risen dramatically over the past year. We are seeing a leveling off but I’m waiting for them to decrease to a non inflated price.

What do you guys recommend in th...

Jay Garrison Contractor won't share license info w/o signed contract?
16 September 2021 | 19 replies

Hi,I am in talks with a masonry company to do some major repairs to my chimney. I have been sent an estimate already, but when I asked for the contractor's license info (they were referred to me by my carpenter) I was...

Chris McHaney IRS Taxes - Transitioning from Schedule E to an LLC
7 January 2019 | 8 replies

I've tried to search and haven't seen exactly what I am after, so I thought I would bring this to the group. After many, many years of owning our own rental properties and filing our federal returns, utilizing Schedul...

Marcus Auerbach 20% deduction for rental income!
8 February 2019 | 19 replies

This came out this morning from the National Association of Realtors!Tax Win: IRS Provides Clear Test on How 20% Deduction Applies to Rental Income, Exchanges The Internal Revenue Service has issued final rules on t...

Todd Groom Enrolled Agent? CPA? Tax Attorney?
14 September 2020 | 12 replies

There are a lot of the above mentioned in here but how does one choose the best agent to go with? I'm sure everyone here is an expert at some level but like all things some are a better fit than others for a situation...

Tae Ross LLC before first deal?
7 December 2022 | 12 replies

Hey BP, I'm prepping to make my first offer but I have a habit of wanting to check every detail which brings up a lot of questions. Should I have an LLC in place before closing my first deal? Thanks for the help! 

Account Closed What are you doing with rental income?
13 December 2023 | 16 replies

Hi Readers,

Question for anyone who is currently receiving rental income - what are you doing with that money?

I have a multi-family property in NYC where I am cash flowing anywhere from $300-900 a month depen...