So, I am considering a long term rental property in Florida. We live in Charleston, SC. In addition to having cash flow, this would be a great vacation spot for us. The question is: What are the tax deductions av...
Hi everyone,
I purchased my first rental property in June 2023, and it took until December to prepare it for tenants. I posted the listing on December 12, and my first tenant moved in on December 26th.
As I’m filing...
Hey BP, I am a new investor from North Carolina and will be traveling to Detroit next week and am looking to meet with some locals to grab a drink or meal with and talk real estate. I will be in the area Thursday, Nov...
Scenario: your child graduates from college and lands a great job during a pandemic. He will be able to save at least $20-30k in his first year (good to be a software engineer). He lives in a major metropolitan area ...
I was wondering if anyone knew more about the tax deductions that come with your properties. I know of the certain ones that you can write off but I was wondering if there is a certain amount you are only able to writ...
Hello everyone, I have been asking this question before but I felt that I didn't get a good answer.So, I'm wondering how you guys have your buisness setup for Real Estate.Goal: Buy multifamily buildings and keep going...
Hi BP Members!
I’m finally starting my real estate business idea and am looking for a tax person to give advice / work with.
My girlfriend and I focus on buying fixer-upper properties in Ohio to rehab them to hold l...
All,
Anyone who know some local crafty CPA's that are well versed with real estate/business who can help with preparing and filing in TAMPA?
Much appreciate!
My husband and I are in the process of building a SFH on our acreage that we plan to use as a wellness BnB. Think creek, pasture, woods, infrared sauna, pool, hot tub, optional meals from the farm, education/coaching ...
I'm considering investing with a commercial real estate syndicate. The syndicate is an LLC itself. Would it make sense for me to invest through a personal LLC? I don't believe it would provide any more liability prote...