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As I accumulate SFHs for passive income, I'm wondering if I need an accountant. I've always done my own taxes (including a single rental) using TurboTax. I'd love to hear folks thoughts on the pros/cons, especially ...
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Kind of new to REI and Bigger Pockets. I own a SFR that used to be my primary but has been rented for 2 years now. I am looking to purchase my second investment property and have done the other basic calculations that...
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Hi, can anyone clarify if the Cash on Cash formula includes the principal payment or only interest expense?
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Ok so we just sat down with our CPA and we are going to be absolutely pummeled with taxes for the 2020 year.. Anybody have a strategies for payroll, tax strategies for rental properties, capital gains on flips, tax st...
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Hey guys, I have my first flIp under contract. If I keep my budget in check and I am rIght about the ARV. I stand to make a good profit. Is there anything I can do to now, while waiting to close to prepare for legally...
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Hi,
I'm not sure where to put this post,
I'm looking for either some advice or a Portland Oregon metro area real estate/financial advisor for seniors for my grandmother.
She currently owns a rental property, and...
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Some background that I hope provides cover for naive questions. My husband has a regular W2 job in the bay area. I used to work as a hospital/pharmacy admin, but took up work at my local elementary school to be close ...
My husband works for a commercial developer (W-2) and is a small owner (K1) so our understanding is that he qualifies for REPS. We're looking at buying an STR to self-manage but with rates and prices where they are, t...
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Hey all, Hoping to get some assistance on the property analysis below. I like this property itself--recently renovated, big units, good area, and the $ per unit while on the high end has some comps likewise in the a...
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What's up BP!...
I have a quick question regarding rental income being considered income. I know that banks will not consider rental income (or any income really) for the first two years.
My question is... Is thi...