Ryan Leake
Navigating STR Loophole Tax Strategy: Success Stories and Cautionary Tales
18 November 2024 | 47 replies
Here is the rule from the IRS regarding length of stay for short term rentals:As defined by Treasury Regulation Sec. 1.469-1T(e)(3)(ii)(A)The average period of customer use is 7 days or lessThe average period of customer use is 30 days or less.
Akshay Bhaskaran
Any successful BRRR in OHio?
15 November 2024 | 32 replies
Closing tomorrow on a duplex e 128th, nobody knows about.
David N.
TV Internet Cable
11 November 2024 | 19 replies
This has been discussed alot on here.Some people seem fine with no cable.I have nice vacation rentals and provide an easy way to watch live sports, news etc.I provide cable channels or you tube TV.In my listings I state up front that I provide cable channels because I'm not cheap that if other people won't provide this what else are they cutting corners on?
Randall E Collins
Property sale proposal
10 November 2024 | 6 replies
Quote from @Randall E Collins: This post is directed toward professionals who know real estate in and out.
Mark Dunn
Hello BiggerPockets! New PRO here
10 November 2024 | 7 replies
https://www.eventbrite.com/e/reafco-quarterly-networking-eve...
Matt R.
Bitcoin is 10k again what are you going to do now?
5 December 2024 | 554 replies
China bans Facebook → Creates WeiboChina bans Youtube → Creates YoukuChina bans Google → Creates BaiduChina bans Whatsapp → Creates WeChatChina bans Bitcoin → Creates e-yuan
Isadore Nelson
Rental Demand Philidelphia?
11 November 2024 | 20 replies
Point Breeze,..) from Passyunk Sq/E.
David Cherkowsky
Do I need a partnership LLC to depreciate and write off expenses on a rental property
17 November 2024 | 30 replies
The reason the 1% ownership is being suggested, is that this would change the tax treatment from being reported on schedule E as a disregarded entity, to being reported on Form 1065 as rental income reported from form 8825, and then this would passthrough to the individual taxpayer on form k-1.
Dan Ashley
Brooklyn, NY – am I crazy to start here?
9 November 2024 | 23 replies
I'd be happy breaking even just to get the equity on a building, especially since I'm currently renting - aka giving my landlord wads of cash every month to buy new sports cars.
Andrey Godes
Rentals in Cleveland, Ohio
7 November 2024 | 2 replies
:)4935 E 109th St, Garfield Heights, OH 44125