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17 May 2024 | 25 replies
But some of us got caught in the middle of the Domestic violence issues properties face, vandalism, and now more increasingly Drug addiction.
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17 May 2024 | 17 replies
They were using one house to sell drugs.
14 May 2024 | 15 replies
Hello,my name brent ask anybody if know how to remove the evict my record or do I need get one attorney or where I can get apt where they accept my record evict but I didn't bring drugs weed in the property landlord but only high but my old roommate report to landlord that I am high that time but not bring drugs or report to police without no proof screen why I am on evict for no reason that I not bring drugs in the house what can do?
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16 May 2024 | 10 replies
So be homeless or lie about being disabled and needing treatment thats the situation we face.
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16 May 2024 | 28 replies
The neighborhood was sketchy with drug dealers nearby, burglar bars on the windows, mediocre to bad schools.
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14 May 2024 | 4 replies
I had a tenant who was drugged up on prescription meds.
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14 May 2024 | 10 replies
You must generally file Form 3115, Application for Change in Accounting Method, to request a change in your method of accounting for depreciation.The following are examples of a change in method of accounting for depreciation.A change from an impermissible method of determining depreciation for depreciable property if the impermissible method was used in two or more consecutively filed tax returns.A change in the treatment of an asset from nondepreciable to depreciable or vice versa.A change in the depreciation method, period of recovery, or convention of a depreciable asset.A change from not claiming to claiming the special depreciation allowance if you did not make the election to not claim any special allowance.A change from claiming a 50% special depreciation allowance to claiming a 100% special depreciation allowance for qualified property acquired and placed in service by you after September 27, 2017 (if you did not make the election under section 168(k)(10) to claim a 50% special depreciation allowance).Changes in depreciation that are not a change in method of accounting (and may only be made on an amended return) include the following.An adjustment in the useful life of a depreciable asset for which depreciation is determined under section 167.A change in use of an asset in the hands of the same taxpayer.Making a late depreciation election or revoking a timely valid depreciation election (including the election not to deduct the special depreciation allowance).
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13 May 2024 | 8 replies
Here is a good forum: https://www.biggerpockets.com/forums/530/topics/1056436-clearing-up-confusion-on-tax-treatment-of-short-term-rentals
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13 May 2024 | 16 replies
Your state and local law may have some mandates that you must follow regarding treatment of those funds.