Brett Riemensnider
First Year Rental Owner
19 January 2025 | 1 reply
You might need to file 1099s if you used contractors or other people whom you paid for labor:https://www.biggerpockets.com/forums/51/topics/1167632-expla...
Account Closed
PM needs ss#
22 January 2025 | 14 replies
Quote from @Zara Massoud: Your new PM is correct and the old ones were wrong.The property manager must have your social security or tax ID number on file.
Katie Southard
Really want my rental in an LLC
14 January 2025 | 1 reply
If you continue filing taxes jointly the income you realize from your separate property will still need to be explained and redacted, regardless of the type of entity holding the real estate.
Nathan Nathan
Help required to create LLCs in Wyoming/Georgia/Michigan
27 January 2025 | 11 replies
There are also additional costs of operating and maintaining an LLC, like separate bank accounts, annual report filings, tax filings, etc.2.
Michael Plaks
EXPLAINED: sending 1099s to contractors and vendors
15 January 2025 | 13 replies
The short answer is: file form 1099-NEC.
Matt Agnew
Using funds from an SDIRA for real estate purchases
20 January 2025 | 7 replies
Do you know of any HML are non recourse in San Antonio?
Jason ODell
Cash on cash for non-leveraged properties
4 January 2025 | 2 replies
Hey all! For some of you investors that are purchasing in the Midwest, I'm curious what you're seeing as average cash on cash values for more purchases made with cash. As I'm analyzing properties, I'm just making sure...
Mitch Davidson
New STR Restrictions Coming for the Asheville Area
17 January 2025 | 40 replies
A special committee was formed last year, and was to hold 6 non-public meetings and then send their finalized recommendations to the commissioners in November.
Dallas Smith
Selling 2 properties
24 January 2025 | 5 replies
As far as your primary residence, if you have lived in it 2 out of the last 5 years, you should not have to pay taxes on capital gains (difference between what you paid for it & what you sold it for) up to $250,000 if you file your taxes as an individual and $500,000 if you file jointly with a spouse.Just a disclaimer, I am not a tax professional.
Bryan Christopher
Post sale - Buyer making legal threats about an appliance
17 January 2025 | 7 replies
They've been very underhanded and petty though, I do expect a court filing if we simply ignore.