My first post out here. Learnt a lot from just search and reading through. Great place to learn!. Thanks!Here is my story:Me : SDIRA(IraServices) --> My LLC(EIN 1)Wife: SDIRA(IraServices) -->Wife LLC(EIN 2)Bough...

I would like to start off by thanking Biggerpockets for all this great info. I realized I read this forum a min of 30 mins a day.

Back story:

We had a fire at our apartment complex. It appears to have b...

Hi All- I have an Army vet who applied to rent my property. How do I go about verifying her income from the VA? I can't seem to find anything on how to do it. An old post had a link but it doesn't work. Thanks! 

Hello,
Looking for the best way to layout bank accounts for a property. 
1- account for security deposit 
2- account for mortgage to come out of, that tenant pays into monthly via Zelle
3- account for property exp...

As a residential developer who spent twenty years as a CPA Partner in a large local accounting firm, I rarely post much on the various real estate websites. But, in light of the acts that the GO-Zone tax benefits will...

I bought a 2 family house and live in one of the rentals. Renters pay own utilities minus water and sewer. I created a security deposit and a personal account dentoted as a rental income checking account. My next move...

Do I have to 1099 every contractor I use on a flip, or is my check receipt all I need.

I just started my llc October of this year through the state of texas. if I don't receive any funds this year or do a deal this year do I have to file taxes? ive spent money on starting the company and filing and mark...

Hi all,I have been using my basement as an STR house hack for about 2 months, currently I'm only listing on AirBnB. It's done much better than I predicted (due to the summer months probably) and I want to ensure I hav...

I am mid-way into a reno flip when a buyer states they want to purchase the property at asking but they want to pick the finishes? I did lower the purchase for them to take the house As-Is and they could finish it but...