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Results (10,000+)
Tom Server non LLC , use personal checking account to pay mortgage and bills or open a separate
17 April 2024 | 13 replies
Of course, you can do tax write off if you own investment property using Schedule E, but please consult with your CPA the best way to do this in your particular case. 
Austin Howell RE Agent Software
17 April 2024 | 0 replies
I am starting to build out a site to help with an agent's lead collection and online brand.
Gaurav A. LP In Syndication | losses from Syndication & W2 income
17 April 2024 | 17 replies
. § 1.469-5T(e)(3), the combined rental real estate activity is treated as a limited partnership interest of the taxpayer for purposes of determining material participation. 
Rory S. Buildium for Accounting
17 April 2024 | 5 replies
Here are some of the highlights: quickly set up bank accounts for each property and sub-accounts under those for things like security deposits and CapEx; virtual credit cards tied to each property; quick transfer of funds; ability to send money back and forth to tenants (some platforms are for collection only but won't let you send your refundable deposits back to your tenants); easily categorize every transaction into IRS Schedule E categories for reporting taxes; ability to split transactions; tenant management from vetting to drafting lease agreements to collecting rent.
Tom Hoffman finer points of renting a room in to a family member
16 April 2024 | 2 replies
In the past, RentingFamilyMember has filed Schedule E and apportioned expenses by rental percentage, including mortgage interest and real estate taxes between Schedule E and Schedule A.
Hannah Joy Overextending? Need advice from the old timers
18 April 2024 | 26 replies
A follow up on this: do you all have mentors that you go to before making big R/E decisions? 
Nick C. How to use a Cost Segregation Study DST
16 April 2024 | 2 replies
On Schedule E, I can see the rents received for each property along with the interest paid.  
Brandon Cao Philadelphia Rental License -- Still Rent Without?
18 April 2024 | 33 replies
Fast-forward one month to today, I still have heard no word from Philadelphia L&I (even after calling/e-mailing) and I'm ready to start renting it out, but one problem:"The Philadelphia Property Maintenance Code (Section PM-102.6.4) requires an owner offering residential property for rent to provide the following to the tenant at the inception of each tenancy:A Certificate of Rental Suitability issued by the Department of Licenses and Inspections no more than sixty (60) days prior to the inception of the tenancy.A copy of the “City of Philadelphia Partners for Good Housing” brochure issued by the Department of Licenses and Inspections....."
Victor Hernandez Rent Increase? Or not? That is the Question
17 April 2024 | 16 replies
To give more content the side I'm currently in I've been renovating ( brand new everything) and once I finish in about 2-3 Months will be for rent for about $400 more than what they are paying now. 
Stephanie St. Germain Importance of real estate specific accountant
16 April 2024 | 4 replies
If the rental is passive, you can probably muddle through Schedule E on your own.