Anita Z.
Real Estate Investor Tax write-offs
Hi, What do i I need to write off travel that is used to look for a property to invest in?Do I need a business license ?Can I write off all expenses from the trip, such as hotel, meals and travel costs like gas, or ai...
Jessie Lozano
New Member (Glad I found this thread)
Hey BP Houston. New member from Pearland here. I've been lurking for a while and recently signed up. I'm interested in buy and hold investments and the BRRRR strategy. I've been analyzing properties using the BP t...
Mike Dorneman
1031 Exchange Question
I’m can’t get my CPA until Monday so I figured to check in with all of you! :)
Wrapping up a buy and hold renovation and was approached to sell the property.
I’m currently under contract on 2 other properties.
The q...
Tulan Kantesaria
Tax strategy for LLC
Hello everyoneI am in the Boston area and first time Investment property buyer . Our offer was just accepted and getting ready to get inspection started.So we have formed a LLC with the state and i wanted to get some ...
Steven Snyder
New Member in Allen, TX (Looking to invest in North Dallas)
Howdy from Allen, Texas! My name is Steven Snyder, and I'm currently starting down the path towards my first deal in real estate. I plan to focus on small multifamily (2-4) units in the North Dallas area with intere...
Joseph Watson
Real estate tax benefits with seperate high income sources?
Hi there BP members hope you are all well today. I have a few issues that I am getting large differences of opinions on. I make over 100k a year at my current job and wanna get into rentals on the side to eventually g...
Matthew W.
Fused with categorizes or Chart of Accounts
I'm trying to set up my expenses in QB and Expenify and I've been back and fourth on a couple of categories. So far I have 1099, Advertising & Marketing, bank charges & Fees, Capital Expenses (for remodels) Ca...
Federico Morales
Need a CPA in SF Bay Area to correct previous tax returns
Hello guys,My parents own several properties in San Jose and have been using the same tax guy for 20 years or so. However, I don't think he is very good. Basically, they use him because he is cheap and they have used ...
Scott Eller
Inc. in Nevada?
Anyone have input for Incorporating in Nevada? Also is anyone familiar with Acorn from Boss Business Systems?
Rick J.
Rehab or Flip and Tax Implications
I am very new to real estate investing. Apart from owing my own home, I decided to buy a home in a "war zone" sight unseen for $54k cash. After 3 months of waiting on a lengthy eviction, the home is finally empty but...