Jorgen Salveson
Seeking help in setting up seller finance / contract for deed
My parents helped me to win a bid on a house by purchasing it all cash in their names. We want to smoothly and efficiently transfer the property over to me via seller financing where my parents will act as the bank an...
Ryan Guerrette
CPA that specializes in Real Estate Investing, Connecticut
Hi BP community! I am new to investing and would like to know if anybody has any recommendations for CPA's that are investor savvy. I'd like to start my investing journey on the right foot and build a great team!
John Barnette
Laundry mats?
anyone have personal experience or advice regarding owning a laundry mat business AND building. I would not want to own just the business. Both. I have heard that it CAN be extremely profitable but also quite time ...
Brandon Y.
Recommendation for accountant.
Hello.. I am new property owner. I am location in Boston area. Does anyone has a recommendation for an accountant in Boston area?Thank you and happy holiday.
Juan Zabala
Converting properties to an LLC name
Good morning Bigger Pockets team. I am currently having an issue as I go to refinance some of my properties. When I initially started investing I invested in my own name. The lenders that I was working with at the tim...
Kenny Smith
2 Tax Books EVERY REI Should Read!
BP Community!Whether you’re a longtime real estate investor, new to the game, or want to get started, you need to read these 2 books. Both are from BP here, The Book on Tax Strategies, and The Book on Advanced Tax St...
Raphaela Todd
Buying Fourplexes in Another State
QUESTION FOR THE BP EXPERTS:: I am interested in buying fourplexes for passive income. However, I live in Las Vegas, Nevada and the location of the multi-family properties are in bad neighborhoods. So, my questio...
Matt Wells
What Are the Pros and Cons of Buying a TIC Unit for a Primary Residence?
I'm thinking of buying a tenancy in common unit as a primary residence. I may lease it out after a few years if it's allowed. I know TIC units are harder to get loans for, which makes them harder to sell and could imp...
Sunny S.
Passive investment on h1b
Is it allowed to own and get rental income from a real estate while on H1B visa ? Also is it allowed to form an LLC for a rentalProperty on H1b ?What are the tax forms that need to be submitted when the property is ma...
Bob Woelfel
Capital Expense or Maintenance Expense??
Accounting question....would a new appliance for one of my rentals be considered a maintenance expense or cap ex for accounting purposes?Would that change if it were a flip project? Thanks.