Accounting for Buy & Holders: Best Practices Investors Should Know
The links to third-party products and services on this page are affiliate links, meaning that BiggerPockets may earn a commission (at no additional cost to you) if you click through…
Author
Brandon Hall
Accounting for House Flippers: Best Practices Investors Should Know
If you are a flipper or want to be a flipper, you need to think about implementing sustainable and scalable systems in order to automate your business and grow. A…
The Investor’s Complete Guide to Deducting Travel Expenses
Running a real estate business, whether it be flipping, wholesaling, or landlording, often requires plenty of travel. Whether by car or plane, costs can add up. You have probably wondered…
How to Use Internal Controls to Mitigate Risk & Prevent Profit Loss
Today I’m going to talk about internal controls. Whoa, what a bore, right? This topic shouldn’t appear on BiggerPockets, a real estate investor’s hub. Well, as real estate investors, we may…
Your Guide to the Tax Treatment of Closing Costs: A Line-by-Line Look at the HUD-1
If you are reading this article, you probably know what a HUD-1 settlement statement is, and you have more than likely seen one before. Maybe you have seen multiple HUD-1s and…
How to Build a Rock Solid Real Estate Team While Investing From Afar
After writing this article on how to determine whether a city is thriving enough economically to warrant a closer look for investment purposes, many people contacted me and asked how…
The Importance of Reserve Accounts (Or What a Surprise Roof Replacement Taught Me)
I feel like I read Forum posts constantly talking about how important or unimportant reserves are. Are they really necessary? Why not apply that cash to whatever I purchase, giving…
How to Use Cost Segregation to Increase Annual Depreciation (& Save Money!)
When purchasing a property, the vast majority of landlords simply depreciate the improvement portion of the property over a 27.5 year (residential) or 39 year (commercial) period. If you read…
