Blake Albertson
Tenant Refuses to Leave after 30 day notice to vacate.
23 April 2024 | 15 replies
@Michael Smythe Real insightful.
Cora Gilmore
Tax info from a Property Manager
22 April 2024 | 10 replies
@Cora Gilmore to add to what @Michael Smythe said:Since the IRS views your management company as an agent acting on your behalf, the gross income amount you see on your 1099 reflects all funds received by the manager on your behalf.
Michael Glunk
Any heard of: All Diversified Lending LLC???
24 April 2024 | 36 replies
I just wanted to know if anyone heard of them as I hadn’t and they’ve been doing some posting on a group I belong to.Thanks,Michael
Benjamin Weinhart
Question on Treatment of 1.263(a)-(f)(6) With Self-Renovations
22 April 2024 | 2 replies
Quote from @Michael Plaks: @Benjamin WeinhartMy experience on this tax forum tells me that highly technical discussions of the Code/Regs nuances are not well suited for this platform.That said, my 2 cents is that this issue is a matter of interpretation.
Ali Alshehmani
PK Adi
Taxes on selling primary property
22 April 2024 | 10 replies
Quote from @Michael Plaks: Quote from @Wayne Brooks: @PK Adi You have a slight misunderstanding of the “2 out of 5 years” rule.You have Already fulfilled this.
Jessica Hamilton
Multifamily in Appreciating Market
22 April 2024 | 19 replies
Quote from @Michael Smythe: @Jessica Hamilton so you're looking for Class A properties?
Larry King
Accelerated depreciation on primary residence turned STR?
21 April 2024 | 8 replies
@Michael Plaks @Randy Rodenhouse Account Closed This is all really good info and exactly what I was looking for, thank you.
Chelsie Hall
Richard Covarrubias
Investing in Ambergris Caye, Belize
21 April 2024 | 8 replies
@Michael Baum thanks for thinking about me.