Hello all,Ive recently purchased a duplex and while I know what's deductible for a rental...or has been in the past since the tax reform may have changed all that ( i better study up).....how does this work with a hou...
Hello all I was wondering if it would be a good idea to open up a roth ira account and save for retirement.Or save that money that im going to put into the roth ira and purchase my first investment property and save f...
Hello all,
I am in the process of selling an investment property and I'm trying to avoid getting slammed on the income taxes. Does anyone have any recommendations for a good CPA in the Middlesex/Union/Somerset Count...
I am somewhat new to real estate investing but have plans to purchase 2 more properties over the next 6 months. I currently have 2 rentals and I am about refinance them to get $ out to fund the next 2. With that said....
Hello All
I am a real estate agent in Atlanta. I have an LLC for my real estate business so when I make transactions, my commissions are deposited in my LLC instead of my personal account. Recently I have decided to ...
Hi BP,I have a quick question about using google voice. Does using a google voice number affect your phone bill? I have found mixed answers from my research so far.Thanks,Arin
So my tax accountant filed my 2015 real estate LLC tax return as a C-corp rather than with the S-corp election. This has brought any new bank loans for refinancing or acquistion to a screeching halt. Looking for inf...
I'm so close to obtaining 3 properties in my first transaction with my goal to maximize cash flow, but it has been a definite learning curve thus far. My biggest hurdle has been financing; I made the mistake of going ...
My husband and I have been renting properties for about one and a half years. As we are growing, we realize we need to have a better accounting/bookkeeping system then the one we started out with (an excel sheet). Wha...
Hi BP,When you are determining a potential investment property where there are more than 10 units, what % do you use for monthly expenses such as: 1. CapEx2. Maintenance3. Property managementI know these are variable ...