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1 September 2024 | 9 replies
While the bookkeeping will likely be complicated, is the accounting/taxation on this STR based on 100% STR income/expenses allocated 100% to business and general house expenses (mortgage, utilities, depreciation etc) pro rated between STR/personal residence based on sq footage?
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1 September 2024 | 2 replies
I told the tenant that I will be allocating their last months rent, that was transfered from the prior landlord, for the month of September and served the tenant a 30 day notice to quit (no cause).
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3 September 2024 | 7 replies
A great resource is the webinars section of the website. https://www.biggerpockets.com/proreplay
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3 September 2024 | 1 reply
Section 8 for City of Phoenix:https://www.phoenix.gov/housing/section-8-resources
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3 September 2024 | 11 replies
Like @Jeremy Holden said above, sub2 could be a good option for you, he's a great resource to lean on in this market as well.
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8 September 2024 | 168 replies
If you project out how quickly your equity will increase, you can get a decent idea of how to leverage your resources.
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3 September 2024 | 4 replies
I'd be happy to help if you think that I can be a resource.
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3 September 2024 | 4 replies
I appreciate any advice, resources, or personal experiences you can share.
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6 September 2024 | 19 replies
You're looking for all the coach's contacts, resources and the people that are in the community that you can possibly partner with.I've worked with coaches who have done what I'm looking to do, whether to invest in real estate, scale my business, or become a better public speaker.
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3 September 2024 | 0 replies
Here’s a great article that walks you through how to qualify for REPS status.https://www.aicpa.org/resources/article/tax-rules-for-real-estate-professionalsEntity Structure ComparisonBe sure to consult with a CPA or tax attorney as the entity structure you select can have a significant tax impact.