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17 April 2024 | 5 replies
We used Dormkaba e-Plex on our 24-unit apartment for exterior doors and never had a problem.
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20 April 2024 | 100 replies
And it is for this reason why a good REI Buyers Agent is worth our weight in gold, literally, because we make sense and order out of the chaos.
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17 April 2024 | 13 replies
Of course, you can do tax write off if you own investment property using Schedule E, but please consult with your CPA the best way to do this in your particular case.
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17 April 2024 | 17 replies
. § 1.469-5T(e)(3), the combined rental real estate activity is treated as a limited partnership interest of the taxpayer for purposes of determining material participation.
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17 April 2024 | 5 replies
Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.
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16 April 2024 | 2 replies
In the past, RentingFamilyMember has filed Schedule E and apportioned expenses by rental percentage, including mortgage interest and real estate taxes between Schedule E and Schedule A.
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17 April 2024 | 17 replies
I quickly observed the tenant had a dog, a roommate, and an Olympic weight set - none of which was allowed per the lease.
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18 April 2024 | 26 replies
A follow up on this: do you all have mentors that you go to before making big R/E decisions?
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16 April 2024 | 2 replies
On Schedule E, I can see the rents received for each property along with the interest paid.