Ryan Stover
Another Californian to Austin, TX
Hey BP fam,I love living in San Diego. Friends, family, surfing. BUT, as I've heard "Hate Taxes? Love Texas!"1.) Could I buy a house in Austin, rent out all of the rooms except my room, and change my residence to TX? ...
Dana N.
Filing Taxes with my LLC
Hi BP,Help!!! My tax person is saying I need to file for an extension. We have an LLC and I'm under the impression you file with your 1040 and have until 4/15/15.Does an LLC have to select an S or C Corp when filing ...
Miriam Velazquez
California Prop 19 and primary residency length of time
Hello everyone. My husband's mom wants to transfer her house in California to him. With Prop 19, this will trigger a re-evaluation of the property unless my husband makes the property his primary residence. We are wil...
Tanya Hurst
Can you roll 2023 expenses into 2024 taxes?
Hi everyone. We may not be able to get our STR in to service in 2023 as we had planned. Are we able to take the expenses from 2023 and roll them into our 2024 taxes? The largest expense we've had so far is the new ...
Rob Cucugliello
Rent from yourself
Trying to figure out a few things for a situation my girlfriend and I are in. It’s a great situation, but rather complicated and hoping for some guidance. We found an amazing 4 unit mixed use multi unit we want to liv...
Tyler D.
Do any other states/ cities have anything similar to Prop 13?
Hey BP,I'm looking to invest for the long term, and am considering buying a fixer in California to lock in my property taxes with prop 13. It seems like an excellent long-term play.I'm curious on if any other states/ ...
Jason Dillard
Mortage company to originate seller financed loans
Is there demand for loan origination for seller financed transactions across the country? We defiantly have the demand here. The benefits out weigh the expense and headache for us to become licenced and complian...
Fern Jard
Tax issues in Hard Money Lending
Hi Guys,
Brand new here, with a question:
Can hard money lending be considered a small business, where expenses can be deducted -- just like any other business? I thought this was a given until I started reading ab...
Juan Rodriguez
The Turnkey Trap?
At a recent BP podcast, episode 708, they were coaching three people on the show. One of them bought several turnkey properties, and she wanted to move into different strategies, which launched some talk about the "tu...
Eric L.
Paying off government debt
I don't understand fully how we as investors might be affected if the government gets serious about paying off debt and actually does it.
Let's assume for a second that the government comes up with a plan to pay off...