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28 January 2025 | 20 replies
Which is very complex and costly and likely warrants professional help.Now, if it's just you and your spouse, then your 2024 tax preparation is likely relatively straightforward:- you will create a Schedule C on your personal tax return- you will NOT report any costs of purchasing the property or its rehab, not in 2024- you will report your business overhead expenses such as marketing, driving, technology etc- you will end up with a business schedule showing zero income and some expenses - not breaking the rules but potentially raising an audit flagCan you do it yourself?
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10 January 2025 | 14 replies
The Packwood, WA market may be officially saturated on STR's.
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22 January 2025 | 7 replies
The newest outdoor is still advertising 1st month free as they haven't filled up, and I spoke with the climate controlled owner/builder yesterday (he's a pretty big REI in the area), and he made it sound like he hadn't leased a single climate controlled unit since they opened a few weeks ago.I recently purchased a 140x45 warehouse with low ceilings and had debated doing self storage, but my market seems very saturated.
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19 January 2025 | 354 replies
If two funds need money for litigation support, that seems telling on the current financial condition.
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9 February 2025 | 15 replies
That’s a small fraction of what all that would cost in my market.
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30 January 2025 | 6 replies
Welcome Cameron, I like the Indy market.
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7 January 2025 | 0 replies
I rented out the additional bedrooms to friends and family, charging them well below market, and sold when it was time for my wife and I to start our own adventures.
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29 January 2025 | 6 replies
Looking to learn more about Zi-Find.Zi-Find just approached me via Zillow interested in marketing my Memphis TN property.
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4 February 2025 | 7 replies
We have 17 properties and the long term we do on ACH, but frankly, ACH set up at our bank is so cumbersome that I stopped using it for the mid-term market.