Christina B.
Cleaning Costs (Actual vs. Listed)- Tax liabilities?
22 April 2024 | 7 replies
Agreed with John and Ian.If you breakeven, then no changeIf you profit, you will be taxed on profitIf you take a loss, that loss can be deducted against other gains.
Tom Thomson
HELOC on Investment Properties?
22 April 2024 | 5 replies
If you haven't filed your taxes strategically over the past 2 years and are showing a loss, it's probably not going to work out.- Higher rates.
James Aravena
How should I update Insurance Policies?
22 April 2024 | 4 replies
Agreed value: The insured and the Insurance company agree on the value of the Building in the event of a total loss.
Jack Stalnaker
Should I invest out of state for my first property?
22 April 2024 | 9 replies
So I'd only buy it if you could swing the potential loss each month, you knew you were going to move there, and it fit into your long term vision.
Bradley Elrod
Renting to my child
22 April 2024 | 4 replies
I believe that would translate into a loss of a portion of the deductible expenses on taxes.
Account Closed
Tenant no responding to rental raise
25 April 2024 | 60 replies
.- but the total eviction was only 2k , not counting loss of rent. another eviction is the last thing I want.
Neil Fernandes
Insurance recommendations for rental properties
22 April 2024 | 3 replies
Do you want full replacement cost if you had a total loss - would you rebuild in that case or walk away?
Jason Lohse
Not Required to Accept Second Late Payment?
22 April 2024 | 15 replies
So, they would have a balance due and owing if they did not pay.Let's hope they get out of there without too much more of a loss for you.
Account Closed
Ashcroft capital - Paused Distributions
29 April 2024 | 248 replies
Class B likely won't want that because it means a full loss of capital.
P. Kaye M.
1031 Exchange good in this situation?
22 April 2024 | 6 replies
Calculate the gain and tax implications of a sale.Do you have any passive loss carryforwards to offset the gain?