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All Forum Posts by: Nicholas Moran

Nicholas Moran has started 11 posts and replied 45 times.

Post: Looking for a reputable contractor in Cleveland,Ohio

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

@Deniz Eker

Try Neal

cloverleafdrywallATattDOTnet

Post: Tax deduction for rental income loss

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

@Kyle J.

It was rent ready from April but property manangement terminated service June 20,2019 from then I was hunting for a PM.

Post: Tax deduction for rental income loss

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

@Basit Siddiqi,

I bought a a property last April but was vacant for the rest of the year 2019 to get it rent ready and other issues with property manager can I claim those expenses for it been vacant?

Post: Who should fill out avW9

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

Who is require to fill out a w9 or the process? The reason I'm asking is that I'm about to replace windows at my rental property and wonder if I need one from them.

Post: New to Investing RealEstate

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

@Alyssa Dyer my first deal is a learning process but its going slow just  need to be rented  to have it rolling.

Post: New to Investing RealEstate

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

I'm finally dip both foot in the water now, from the time I join BP one of my offer accepted in October there was delay between lender appraiser and seller just closed on my first property early this month. Now time to swim and become a better swimmer.😁😁😁

Thanks for all the info BP family.

Nick

Post: Questions to ask a CPA?

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

hello, I'm going to be a single property owner soon I have a property under contract from 2018 and I've done my own tax with turbo for the last 3yrs. What year should I deduct home inspection for this property 2018 or 2019?

I should be closing within the next seven days. I never own a property before so I don't know if its going to be complicated going forward.

Thanks

Post: Finding rehab contractor in Columbus Ohio

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7
Originally posted by @Allyssa McCleery:

A good recommendation that @Robert Ellis gave me was to look up the permits pulled near where your project is and then call those contractors. In my experience it took me about 30-40 calls to find one or two good contractors who are available. Good luck!

 @Allyssa how to look-up the permit pulled in a area?

Post: Any great recommendations for home inspectors in Cleveland, OH?

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

@Jared Smith I used Kurt Hoes.

Post: Asset Protection for Real Estate Investors

Nicholas MoranPosted
  • Rental Property Investor
  • Jamaica, NY
  • Posts 51
  • Votes 7

Hi to all, I have a property going my name under contract, I got to put in trust then form a llc?