HI Everyone...Just joined BP  - I've been reading the forums for 1 month. Lots of great information. Thanks to everyone who is sharing their knowledge. I am debating whether it is worth using my SD IRA to purchase rea...

Greetings:
Question for you all. 
Do any of you have more than one LLC company where one company hires and pays your other company for management/admin/reporting?
Is that OK to do?
I own two rental LLCs (with part...

After my first year of doing a couple BRRRRs, I'm trying to wrap my head around the money we pull out via refi. Is it accurate to say that the money put into the rehab considered an expense (i.e. painting, new fixture...

Is it wise to invest in a high tax area? 

I have read articles that say you can file your real estate investment as a business, but two CPAs I have spoken with say no. Does anyone here file as a business? I have one long term rental. I have spent many many ho...

I’m a new real estate agent in NorCal with 22k in commissions in my first 3 months.Any recommendations on how to reduce my tax liability at the end of the year? What are some good write-offs?

Hi my name is Lukas and I'm a 2 month old Real Estate Investor.I just came across a gentleman who wants to sell 45 mobile homes here in Denver. He acquired them through tax liens. I was just wondering if anyone had ex...

Hello,So I may be inquiring a SFR from my parents. The SFR has no mortgage but my parents did get a HELOC from the property. They told me if I take over the expenses of the property I can have it. My question is, can ...

I'm a 1st time OOS investor. The Property Manager now says will do all duties (including getting the property rented /maintenance calls etc) except rent collection & tax deposit. AND so will not charge ANY monthly...

Hi All,

got a tax question I been pondering... might be a dump dump question. so I opened a business checking and money market account. I put good chunk of my savings into it as start up capital. My question is if I...