Hello BP Community!Newbie here and i'm about to close on my First Deal, and i'm very excited! This community has been invaluable in answering questions and providing advice, thank you! While making my plan for the nex...
I apologize if this has been answered before. I did a brief search and didn't find anything that answered my question. I'm wondering how private lenders get taxed on their earned interest as they loan money to RE inve...
Hi BP Family,I am kicking around the idea of drawing $20-25k from my 401k to buy down one of my loans on a duplex and refinance. I purchased the property on an FHA two years ago. Although it is possible that my apprai...
My in laws gifted my wife a lake cabin property. It is currently in her name legally, but remains under the 5 year lien window for about a year which would allow a healthcare provider / assisted living etc to access ...
I am a teacher and have a 403b retirement account that I had put cash into when I first started teaching. I also own 21 SFHs and am a little nervous about collecting rents for the next several months. My question is...
How has everyone found the CPA that they use in order to get the most out of their rental property tax benefits?
I'm part of a 2 person LLC taxed as a Partnership. From what I understand the LLC can deduct organizational costs. Can somebody walk me through the accounting if Member A spent $1000 and Member B spent $500 on organiz...
Hello, I am a landlord with 4 SFH's in El Paso, TX. I am looking at expanding further in El Paso as well as possibly into the San Antonio area. I am looking for referrals for an accountant in the El Paso area that ha...
Currently looking for CPA recommendations that handle tax preparation and advising.Requirements include:-Knowledge and experience with real estate investing (specifically real estate syndications)-Investing with self-...
Ok, now that I have a number of trustees to research, I'd like to here from or talk with someone who has an SD-IRA. The prevailing wisdom has often been, "don't touch your retirement money to invest in real estate."As...