Shannon Conklin
Tax question - First Post
Hi, this is my first time posting. I have a tax question. My husband and I got lucky with our first property. We bought a home for $120k with the contingency that the woman who lived there could stay (divorce, but the...
Ryan Detzel
Owner occupied if I have my mother live there?
We need to move my mother out of her rental because the place is falling apart (really bad landlord). She's been there for over a decade and she pays so little rent that it's hard to find a place that we wont have to ...
Robert D.
Yet another self directed ROTH ira question
Hey guys, Hope no-one minds but Im just going to brain vomit here. There is too much in my head and have alot of questions that I think im starting to hit analysis paralysis but on the other hand ive been researching ...
David Garza
Kinda Fell into Real Estate Investing, What next?
Ok this is a long story (feel free to stop reading now). I’m in real estate investing by accident and trying my best to make the best of the situation. When my wife and I got married I started renting out my bachelo...
Doron Nisenbaum
How do you track and collect all the expanses?
Hi,I am about to have my first TAX report this year, and the CPA is asking for all the expense.During the rehab, I got tons of receipts and invoices. How do you keep track? Do you have some filing system?Thanks Doron
India Campbell
Attorney & Accountant Recommendation
Hello, I need a recommendation for a real estate attorney and accountant in the Atlanta area (Alpharetta preferred). Any recommendations? I'm trying to setup up tax strategy and determine what type of LLC to setup.
Jacob Wilson
Banking Software + Organization Recommendations?
Hi BP Community,Working towards closing my first deal soon and wanted to make sure I have all my logistics in order as I near that date. I'm planning to have a separate bank account/accounts for my entire portfolio, j...
Account Closed
Are retirement accounts liquid reserves?
I will qualify for the loan if retirement funds will be considered for equity and liquidity.
"List all forms of liquid assets such as personal and business cash, property accounts, marketable securities, 401K...
Toshiki Hoshino
Self Directed IRA - Mobile Home Park Investing
Hello BP,What are some of issues that can arise from using self directed IRA to purchase mobile home park with partners? It would be all tenant owned homes. Thank you in advance!Tosh
Snehann Kapnadak
Deal Analysis - 4Plex
Hi Everyone, hope all is well. Wanted to get your thoughts on this deal, based on the following terms:My goal (caveat): 1st MFH deal, looking fora stabilized asset for moderate cash flow. Not looking to do any major v...