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I've historically done my own taxes and lately the complexity has just barely stayed on my side of the line of understanding it all... but that's all coming to an end this year. This year is the first year I'll have ...
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I am living overseas (in Japan) and I would like to invest as an LP in multifamily syndications using an LLC in the US in order to avoid paying taxes to the Japanese government on distributions from said syndications....
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Hello BP community, My wife and I work w-2 jobs and own 3 rental properties... nothing crazy. Is it normal for my CPA to be charging me $3,000 to prepare our tax return? This is my first time using a CPA and I don't k...
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Simple answer might be: consult CPA / get one. I'm trying to see if there's a rule of thumb of sorts.I recently rehabbed a home late last year, and spent a lot of money doing it (it exceeds my income from my normal jo...
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So I am not the smartest person and some of the helpful replies in previous posts was above my mental capacity.My situationI own a home (homesteaded in FL) and have 2 roommates which help pay the bills.numbers - mortg...
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Any advice on setting up an LLC for our RE investments? Do we need to speak to a corporate lawyer or can we go the simple route of LegalZoom? Need to get it it done quickly for a hard money loan.
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I
have 2.75% note on a 750k mortgage in Seattle. I purchased in Feb 2020
just before Covid and my estimated price appreciation is roughly 250k.
Due to family reasons, we are considering moving to Austin. Between...
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Hello all, I have a single family property that I've been renting out for some time and I am thinking it is about time to sell so I can roll this into maybe a smaller multi-family property or multiple single family pr...
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I have just established my LLC and want to ensure I am on the right track. I plan to partner with another BP member and do mostly flips and add to my rental portfolio if the numbers work best. I plan to use the money ...
I was hoping to ask you all a money/real estate question. It has to do with buying a second home (primary residence).
Here’s the scenario: I’m active duty military and currently live overseas. My wife ...