Account Closed
Anthony Chan
Sold my rental condominium (~15 years in service) - DO I NEED FORM 3115 ?
6 February 2025 | 4 replies
@Anthony Chan If you underreported depreciation on your rental condo, Form 3115 (Change in Accounting Method) allows you to claim all missed depreciation in the year of sale without amending past returns.
Tom Server
I need some assistance , Not sure what to do, need money from my equity
29 January 2025 | 6 replies
Money came from 50k of savings and 50k borrowed from a 401k account that I am paying myself back in 5 years with a payment of 1000 a month.
Heath D Wallace
Adding a person & 2 cats to lease agreement
7 February 2025 | 3 replies
Put that into your escrow account and withhold it to make any additional repairs or to replace carpets once these tenants leave.
Rahul Grover
Hourly/per-showing contractors (agents?) for rental properties
29 January 2025 | 4 replies
Just requested a property management account.
Kyler Tarr
Stanley Nguyen
Tax on private lending fund
21 January 2025 | 14 replies
You can fund it with funds in former employer plans and/or IRA accounts.
Jessie Cool
CPA Recommendations in Sacramento, CA
3 February 2025 | 8 replies
There are 20+ CPAs and accountants on this site that specialize in real estate taxation.
David Lewis
Boston - Has the ship sailed?
23 January 2025 | 45 replies
Keep in mind, everyone needs a place to live in landlords provide a service of providing those places and keeping them in good shape, updating it, etc.
Mario Niccolini
Build a Single-Family Portfolio or Go Straight to Multifamily? 🤔
3 February 2025 | 1 reply
Last piece of advice is to surround yourself with quality service providers (real estate brokers, lenders, accountants, attorneys, PM's, Contractors, Insurance Brokers)., They will be instrumental to your business.