John Carr
First Time House hack, Do I need more help then my HR Block tax person
23 October 2024 | 19 replies
Hi there,Given the complexity of your situation—owning a rental property in Florida while residing in Illinois, house hacking with your daughter, and planning to claim tax breaks—it might be a good idea to consult with a Certified Public Accountant (CPA) or an Enrolled Agent (EA) who specializes in real estate taxation.While your current tax professional at HR Block has experience with multiple properties, a specialist can offer more in-depth knowledge on multi-state tax issues, rental income reporting, depreciation, and maximizing deductions specific to real estate investments.
Jack Hritsko
Real Estate Sales llc - Flip Cheap Houses
23 October 2024 | 10 replies
Wholesaling while licensed can be more complex, but people do it (and do it well).
Account Closed
WI Lease void due to clause violating Wis. Stats 704.44
24 October 2024 | 18 replies
The complexities here are twofold: You need to review your existing agreements with an attorney to determine if they contain illegal provisions under Section 704.44., and sign new compliant agreements with your tenants.
Edouard Pierre
Laundry Options in Chicago Multifamily
13 October 2024 | 11 replies
Heavy duty, old fashioned machines that don't have motherboards or other electronics that tend to burn out.
Naveen kumar Vadlamudi
1st Deal - Please Help on insights and pricing
18 October 2024 | 1 reply
Hello All, i came across this college town property - it is a value add opportunity. 14 Unit Complex - 12 2bed/1bath & 2 1bed/1bath * Separate electric and water meters.
Joe Scott
Tax return size --- an audit flag?
18 October 2024 | 8 replies
The key factors that may raise audit risk are discrepancies in reported income, excessive deductions that appear out of line with your income level, or unusually complex transactions.
Steve Stinson
Huntsville #4 - Best Cities To Buy An Affordable Home In 2024 (Forbes)
18 October 2024 | 0 replies
Space & Rocket Center museum, over 60 public parks and the Von Braun Center entertainment complex, making it a fun and lively spot to raiseRead Full Story - HERE
Mariangela Ciciarelli
Str - vacation home in Orlando
23 October 2024 | 16 replies
Hello, my husband and I trying to figure out if STR are for us, we are looking to buy possibly in Orlando, I see many complex by Disney.
Cameron Moore
When to Move Your Insurance Portfolio from Multiple Carriers to a Program/schedule?
17 October 2024 | 1 reply
Flexibility – Investors at the beginning may often like the flexibility of mixing and matching coverage as their needs change or their risk profiles evolve.While this approach works for many Investors initially, as they scale and risks become more complex, managing multiple policies and relationships can be burdensome.
Chris Berry
Section 8 tenant thoughts
24 October 2024 | 33 replies
That's how many of the larger complexes get funding to buy and rehab buildings,, that the normal small investor can not afford.Section 8 like other government programs has difficult aspects to it to manage, the people on section 8 are like a bushel of apples, some good some rotten to the core, and when mixed together the entire bushel tends to go rotten if the rotten apples aren't tossed out of the bushel.LOTS of paperwork and inspections and the inspectors are just as complicated as the tenants sometimes.