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17 February 2025 | 1 reply
Plus I don't want to be in the electrical selling business, that includes no hookups to recharge electric cars.All I want to do is provide housing and collect the rent.
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25 February 2025 | 0 replies
I have 25+ years of business, govt, communications professional w/ and MBA.
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26 February 2025 | 3 replies
I am now significantly more focused on my Wholesaling business, and less on my agent business.
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21 February 2025 | 1 reply
Business is business.
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27 February 2025 | 7 replies
If you also have W2 income, then Section 179 income limitation on Schedule C should not matter.Also, whether you take $1k of depreciation or $19k of depreciation, after adding it back you have the exact same income for underwriting purposes, so I'm not sure why you're concerned about a reduced amount of depreciationI don't have a W2-I do receive alimony, and have three rental properties and this business.
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22 February 2025 | 15 replies
The last point that I would make is you need to get into 3-4 pillars of the business that you will have for the long haul of real estate.
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26 February 2025 | 0 replies
Small Bay Solutions is a premier provider of commercial rental spaces in Northwest Arkansas, specializing in move-in-ready and customizable workspaces designed to support small businesses.
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14 February 2025 | 6 replies
I also use amex for my business CC.
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27 February 2025 | 23 replies
These guys spend all day tracking down motivated sellers, and their whole business depends on moving properties quickly.
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26 February 2025 | 14 replies
TurboTax has rental property features, and the IRS has a great guide on rental income, deductions, and recordkeeping - IRS Rental Property Tax Guide.https://www.irs.gov/businesses/small-businesses-self-employed/tips-on-rental-real-estate-income-deductions-and-recordkeeping2.