
14 May 2018 | 16 replies
or you don't know me.... my inventory is not dead and my clients don't need to do any of that LOL.just e mail me.. :) 1600 notes in the last 5 years..
16 April 2018 | 41 replies
Maybe a week if it required a lot of work, if not just a few days to touch up paint, new occupancy permit, make w/e small repairs necessary, then move it.

13 April 2018 | 4 replies
The fact that it's not reported on your Schedule E makes establishing the investment intent sketchy for sure but not a statutory requirement.

13 April 2018 | 0 replies
I was sent an invitation to the IRS to review my 2015 and 16 federal taxes. I read that you are allowed to record the examination as long as you provide a 10 notice in writing. As o did such, the examiner called me an...

20 May 2019 | 24 replies
Originally posted by @Ryan E.

13 April 2018 | 0 replies
Tax Question about deductibility of an annuity surrender charge in 2017.If an annuity is cashed in to buy rental real estate and there is a large surrender charge, can that surrender charge be deducted on:(1) Schedule A as a misc itemized deduction for 2017, or(2) Schedule E as an expense to acquire financing to buy rental properties?

14 April 2018 | 1 reply
When you know the facts (like if this is a good investment or not, if it would cashflow, what is the best strategy to use in such a case) you will be in a better position to decide if you even want these properties.I would also recommend you, or your family members, read @Mindy Jensen's book about selling a home, available on Bigger Pockets. https://www.amazon.com/Mindy-Jensen/e/B078NHMXVTGood luck!