Jennifer Swenson
Need CPA Help
I'm struggling to find a CPA knowledge about cost segregation studies and using the STR loophole to offset W2 income. At this point, I have talked to several CPA's, some of which charged consult fees, and they have al...
Nate Lindquist
Using equity to purchase investment properties
My wife and I currently own and occupy our first investment property, which is a multi family in a pretty popular part of Portland Oregon. We have owned it for a little over a year, and have roughly 200K in equity th...
Matthew Pine
Long Island Multi Family
Hello, I'm looking into purchasing a multi-family home on Long Island. I would love to hear some opinions on lower income areas in Suffolk as potential locations. Thanks.
Craig Gerulski
Refinancing with Airbnb Income
Hello Fellow BP Members!With interest rates hitting historically low levels, I am trying to refinance 2 of my properties. I have 3 homes on Airbnb and need to use that income to offset the mortgages, for my debt to in...
Kyle Doney
401k Contributions From Personal or Biz Acct?
Hi,I cannot find any literature from the IRS on whether contributions to a Solo 401k from an LLC taxed as an S Corp have to come from the businesses account or if they can come from a personal checking account. My acc...
Nicholas Sambrick
Hard Money Lenders for Primary Residence
I have a property under contract but I am afraid my debt to income may be too high. I am self employed and recently just bought another property. My first year of tax returns shows a very low income but I am projected...
Chris A.
Cost Segregation Study 481(a) deduction creating a loss
So I am thinking of doing a cost segregation study which will create a $250k loss as 481(a) deduction on my 2019 tax return. If I apply for a loan next year, will the lender count this 481(a) deduction as depreciation...
Vernon Johnson
BRRRR versus Flipping
What are the biggest differences between the two ways of real estate investing? Both positive and negative.
Giovanni Martinez
Noob Question: Reporting rental income from Zelle
Context: I am currently house hacking a duplex, renting out the second unit for 1k /month while living in the other.How would I report rental income that I receive through Zelle?I will hire a notary to help with doing...
Julie Marquez
Fresher than Mint - Tracking Personal Finances
I highly recommend that people track their personal finances, especially beginners that are just learning about real estate. I use (obsess?) mint.com, but there are lots of platforms and other's that have come up in f...