Samuel Ness
Traverse City, MI SFH Market
13 August 2020 | 3 replies
@Samuel Ness Couple places to look: county assessor for sale history, agent for any past MLS activity, county building inspector to see what plans/permits they might have on file, register of deeds for mortage & lien history.
Jack Boyd
Paid Off Rustic Home - Rent It Out?
19 February 2023 | 3 replies
Or given it's rustic-ness, would it be too dangerous and put us at risk of being sued?
Ryan Ness
Have first Househack Acquired. Now needing lending for the next!
16 February 2023 | 12 replies
Hey @Ryan Ness, this is awesome!
Oren Peleg
Security Deposit Forfeiture?
27 April 2023 | 6 replies
Quote from @Ryan Ness: If you use a Property Manager, there's no need to develop policies and procedures.
Mike Percy
Avoiding self-employment taxes on LLC rental income
18 March 2020 | 18 replies
You just heard from @Linda Weygant , A CPA, I have my properties all under different llc's and all my taxes go through my CPA, i have never paid self employment tax, because it is considered a Passive income as Linda said. my Construction business is different, that i pay self employment tax because i am actively involved in it, my PM takes care of my properties and i just oversee them. look at Publication 527Schedule C (Form 1040), Profit or Loss From BusinessGenerally, Schedule C is used when you pro-vide substantial services in conjunction with the property or the rental is part of a trade or busi-ness as a real estate dealer.Providing substantial services.
Jaime Mack
So... it is going to be over? Will 1031 drop to $500k max? Yuk!
10 August 2021 | 48 replies
Because of its back asswards-ness, and the way this country is going... it's likely to pass lol
John Chapman
Trafficmaster Allure Ultra Wood Vinyl Planks
13 October 2016 | 82 replies
This is much better than regular hard wood or any laminate under $5/ sq ftAs far as waterproof-ness.
Kevin H.
I've got a decent financial start, but where do I make the money?
20 November 2014 | 20 replies
But I'm concerned we're approaching bubble-ness.
Wale Lawal
How Will Joe Biden as US President Affect Real Estate
18 April 2023 | 188 replies
I do apartments, regardless the size 95% want to do 1031s.Am not going to argue the BS-ness of it, but it has been in effect since the 1930s and is a seachange that'll affect almost all owners.
Marcus Auerbach
2018 proposed tax changes
21 January 2018 | 27 replies
Sec.1312.Denial of deduction for expenses attributable to the trade or busi-ness of being an employeeHowever, the standard deduction is significantly increased, though the personal exemption is repealed.