Dee Ambler
Sell primary residence or Keep as Rental
1 March 2024 | 19 replies
Those are typically homeowners.If you're already losing money with just PITA, you'll be down significantly when you include maintenance, turnover, recurring capex and vacancy.
Kenny Clark
Facing Imposter Syndrom Head On
1 March 2024 | 5 replies
Imposter Syndrom is something everyone faces and when you add money or a big deal to the equation, it can feel a lot stronger.Something I had to learn is that those feelings of anxiety or fear isn’t a bad thing, its the hard **** you need to do to grow.
Devin Aikens
Software to Collect Funds
28 February 2024 | 9 replies
This is my recurring reminder that granting a tenant the ability to unilaterally "push" funds to you is risky.
Charles Adams
LLC vs Personal Ownership?
1 March 2024 | 31 replies
Platinum level - 1st year $14,041, annual recurring fees $2596 (filing fees for WY, CA, IN, registered agent fee) and a $75 month membership fee.
Lovell Jones
Best route to pursue?
27 February 2024 | 4 replies
But I also have 45k hard cash and would be a first time home buyer and I’m exploring possibilities with new development investing and just other possibilities to make that 45k grow and recur.
James W.
Mixed use or town houses on a 0.4 acre site in a fast growing commuter town?
28 February 2024 | 12 replies
The thinking was with the stores was to have some recurring revenue rental for these commercial units.
Lee Lewis
Smoking in a Non Smoking Building
27 February 2024 | 6 replies
(Its a mgt company..not a big one) thank you Let the property manager know this is a recurring issue.
Grant Stuard
How are people scaling so fast?
28 February 2024 | 130 replies
And, frankly, I wonder if some of these folks who get a bunch of property seemingly overnight don't have paranoia, fear, anxiety, and live with the very real possibility of bankruptcy if things outside of their control happen in the market or a couple of pieces of bad luck strike.
Michael Ashe
House hacking. How to calculate cash flow
20 February 2024 | 15 replies
Some will be passed on to the tenant.You can include non-recurring expenses such as capital expenses, repairs, etc.
Nicholas Aiola
Ask me (a CPA) anything about taxes relating to real estate
27 February 2024 | 2053 replies
In other words, if your rental has been operating at a loss all these years and you haven't been able to deduct those losses against other, nonpassive income due to the passive limitation rules, you will be able to take advantage of them in the year the property is sold.If you have a gain, it could get a little more tricky with depreciation recapture.Bonus question answer: I would definitely take it as a deduction, but under "Dues and Subscriptions" instead since it's a recurring annual subscription cost.