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12 September 2024 | 12 replies
I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.
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11 September 2024 | 1 reply
Is this more about having to file quarterly?
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12 September 2024 | 2 replies
@Michael K Gallagher When I go back six years it only shows the numbers quarterly.
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20 September 2024 | 114 replies
I also subscribed to RankBreeze ($80 per quarter or $27/month) and have a StayFi router to collect guest contact information ($15/month).
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15 September 2024 | 22 replies
What happened to no taxation without representation.
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18 September 2024 | 35 replies
My cash flow is calculated by income - fixed expenses, which I can calculate monthly, quarterly, or yearly.
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10 September 2024 | 7 replies
@Lucas MoralesIf you have coin op laundry in the building as well make sure you have a machine that gives quarters as I have had people use the vending machine to get their quarters for laundry and you have to constantly restock it.Personally I would say it’s not worth it unless you are far from grocery / convenience store.
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10 September 2024 | 10 replies
Additional fees may apply depending on the number of days the property is rented.Personal Property Tax: Starting in 2024, California requires some STR owners to report the value of personal property used in the rental (such as furnishings) for taxation purposes.Potential 15% Statewide STR Tax: A new bill (SB 584) may introduce an additional 15% state tax on STRs starting in 2025, on top of local TOT, aimed at addressing California’s housing affordability crisis(
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12 September 2024 | 28 replies
He is actually in another type of apartment situation in a house, but it's got some shared quarters.
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9 September 2024 | 9 replies
I recommend finding an accountant who specializes in real estate taxation and tax planning.You may want to consider working with your accountant remotely to expand your options.I would also recommend looking for a accountant willing to work with you throughout the year.