Wendell Hall
New tax law and $150,000 phase out on deductions
I’m wondering how the new tax law has affected buy and hold investors who phase out at the $150,000 W-2 max income for deductions. My wife and I own four properties in Washington, DC proper, and rehabbed one last year...
Will Stahl
Hold house in LLC with a partner but only 1 name on mortgage
Hello everyone,I am buying a three family property and just got it under contract. My father has just retired and wants to be a 50/50 partner. He would rather not have his name on the mortgage. I plan on holding the p...
Netanel Ashkenazi
Does an accounting degree help in commercial real estate at all?
I'm trying to see if going to college for a bachelor's degree, learning accounting and earning a CPA will benefit me in real estate in the future. Any feedback will be appreciated, at this point I'm a little confused ...
Savana Rose
Help with Structuring a LLC or partnership
I'm interested in knowing more about what kinds of structures some of you have for your businesses and whether it might work for me. (I will be seeking an attorneys advice as well) But before I do that, I want to get ...
Juan Sui
bought and flipped in 2009, sold in 2010, how to file taxes?
I bought the property in late 2009, hired and paid a contractor to do renovation in 2009, the property is to be sold in 2010. The contractor is asking me for a 1099 for 2009, but what should I do with the 1099? I want...
Nick Stango
Borrowing money from my brother
If I'm borrowing money from my brother's self directed IRA and paying back with interest for my first fix and flip, do I need to open a LLC or can I do it as a personal investment? My accountant told me I don't nee...
Philip Charlton
Great Webinar now take action
WOW what a great Webinar by Brandon on Apartment Complex buyingTHANKYOU Brandon and BPI am doing what Brandon suggested: “You must commit to taking action within 24 hours”“Remember, a real decision is measured by the ...
Yern Chao
Ca capital gains tax-how much will I lose?
Unsure about Ca capital gains tax. My scenario:Bought a duplex 13 yrs ago for $237,500 but haven't lived in it for the last 6 yrs. want to list for $350,000. Will I be paying capital gain tax federally and through Ca?...
Ed Moran
Real Estate Professional Status
Hello BP - Im W-2 wage earner and a passive RE investor (20 units) and wanted to see if anyone out there was willing to share their story regarding the real estate professional status. Ideally Im looking to make my wi...
Cheri H.
New Active Investor in Richmond, VA
Hello, my name is Cheri Hewlett and am a newbie in the RE investing world. I am a CPA, active in the financial industry over 13 years and have decided to go head first into the real estate industry. I’ve done TONS ...