Anita Z.
Real Estate Investor Tax write-offs
10 January 2025 | 16 replies
But, if you’re traveling to check out a property you already own, that could be deductible.
Chris Summons
Contracts for Sub Contractors to Sign
14 January 2025 | 4 replies
This doesn't replace the need for a MSA that will capture additional clauses needed on a Contractor-SubContractor relationship, this is just a project specific form you would use in addition to the MSA (prepared by your Attorney):This template is for informational purposes only and does not constitute legal advice.
Keith Angell
Seeking Advice on Financing Future Rental Property Projects
27 January 2025 | 11 replies
I recommend considering your cash flow and debt-to-income ratio before making a decision, and consulting with a financial advisor to tailor the choice to your specific needs.Good luck!
Angelo Llamas
Taxes on a property that isn’t yet ins service
22 January 2025 | 5 replies
A tax advisor can help with deductions and proper reporting.
Susan K.
Q on deferred salary to a Solo 401K
30 January 2025 | 6 replies
When you contribute to a Solo 401(k) as an employee, those contributions are made on a pre-tax basis, which means they are deducted from your gross wages before FICA taxes are calculated.
Jonathan B.
STR Depreciation/Bonus Depreciation Question
24 January 2025 | 11 replies
Accelerated and cost-segregated depreciation are tax deductions for other tax liabilities.
Jerry Zigounakis
LLC or sCorp for investment properties
21 January 2025 | 7 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
LaShon Evans
New Late Start OOS Investor - concerned about assets/need LLC?
7 February 2025 | 14 replies
You should consult an attorney or CPA for your specific situation.ANONYMITY: When you create the LLC, your name is recorded on the documents and published on the Secretary of State's website for all to see.
Peter Marriott
Problems with our Current Rental and Deciding Whether to Sell or Not
5 February 2025 | 3 replies
That will cost us about $4.8K out of pocket (our insurance deductible under our Rental Dwelling policy).
Michael Braun
Billing tenant for damages prior to move-out
5 February 2025 | 4 replies
I intend on sending the tenant a bill for the exact repair cost as "additional rent" (per the lease) instead of evicting in the winter and deducting from the security deposit.