Janine Sharma
1099 or W2 for onsite MHP property manager?
12 January 2025 | 7 replies
If they work independently, set their schedule, and use their resources, they might qualify as a 1099 contractor, but misclassification risks IRS penalties.Wages for W-2 employees and payments to 1099 contractors are both deductible business expenses, but compliance is key.This post does not create a CPA-Client relationship.
Frank Pyle
Seeking Advice on Financing an Airbnb/Short-Term Rental
12 January 2025 | 10 replies
Hopefully they have enough income without the rent to qualify.
Troy Parker
Renting your first rental to a friend
26 January 2025 | 11 replies
A professional manager can find qualified tenants who respect your home and handle day-to-day issues.
John Marchefka
Rehabbing land INSTEAD of houses??
10 January 2025 | 13 replies
My niche is the small amount of qualified Sending land that is also priced well below the value of the new credits that can be clipped off and resold for an arbitrage profit.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Understanding the IRS disaster relief provisions is crucial for residents seeking financial recovery.Under IRS guidelines, individuals and businesses in areas designated as federally declared disaster zones by FEMA may qualify for special tax relief.
Bruce M.
Large RV or Boat - Tax incentives, Tax strategies
13 January 2025 | 7 replies
Solar panels may qualify for the 30% federal energy credit, and advertising expenses, like adding your company’s logo, are deductible.However, Section 280A restricts deductions for any dwelling unit used as a residence for more than 14 days annually, even if partially used for business.
Fredrick C. Oesterle
accepting multiple applications
9 January 2025 | 4 replies
Our laws require us to offer a rental first come first served (first completed application that qualifies must be offered the unit).
Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
@Nicholas Aiola I am fortunate enough to have my 401K with my full time job so I don't think I am qualified for SDIRA or self-employed 401K?
Kolby Knickerbocker
what questions do you ask/data do you analyze to select investment markets?
15 January 2025 | 5 replies
I'm looking at investing in several out-of-state markets (potential BRRRR strategy in mind), I have a list of qualifiers that I'm sussing out to determine viable markets but would love to know: what data helps in determining a good market to invest?
Pixel Rogue
Real-estate Exit Plan
20 January 2025 | 6 replies
We meet definition for qualified investor.• DSTs: Seems as though returns are rather low, low transparency on opportunities (?)