We're using our self-directed IRA for REI capital and therefore creating an LLC. My question is, what are the requirements for a Registered Agent? We both work full time so I can't really say we have "a legal addres...
I am assisting someone who owns a hardware store in NC It is housed on property she owns. She can sell separately or together. The business has been there just shy of 56 years. I just need a broker that will give h...
Looking for advice on accounting software. I currently use quickbooks online. Very frustrated with them, they keep raising cost, I think im up to 80$ a month now. Invoicing ACH payment cost have increased 10 fold. I...
I am placing a house into full time short term rental to try it out. But what are the tax consequences if I discover it is not as profitable as originally hoped and convert it back into my primary residence the follo...
Hi BP Community, I am searching and cannot find an answer to this so thought I would start a post and see if the BP community can help us navigate. My wife and I are looking to invest into Fundrise, an eReit, that inv...
I searched a bit and could not find the answer to this. Is the 100hrs goal for materially participating per property or per portfolio? Thanks
A novice question here, figured I can ask the Bigger pockets community for some quick help. I'm beginning the process of building my first spec home. How does the tax side of the sale go when I resell? I know it being...
Hey BP, I have an investment and home inspector LLC registered in the state of Montana. I have a rental in my personal name in the state of Utah that cash flows monthly. I was wondering, is there a way to tie the UT r...
Hello,I'm looking to find a lender who does Bank Statement Loans with 5-10% down. Would like to purchase in MA. TIA!Best,James
I heard somewhere that there is a seven dollar per diem write-off allowed for food when visiting a rental property. Does anyone know if this is correct? Seems a little low.