Joy Daniels
How Do You Stay on Top of Trends and Rules in Short-Term Rentals?
23 January 2025 | 11 replies
Treat it as your business and baby.
Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
.- Unrecaptured falls under section 1250 and is treated as ordinary gains and capped at 25%- My capital gain from appreciation and improvements under section 1231 was treated as a long term capital gain since I owned both assets over a year.Hope this helps.
Emily Shin
New in real estate
29 January 2025 | 22 replies
Keep in mind that owning rental properties, even if it is a house hack, means operating a business and thus should be treated as one, respectively.
Evan Bonnell
Mold problem won't go away!!!
31 January 2025 | 6 replies
You still have to treat for the spores, but it will not grow back.
Jonathan Small
DIY or hire help for taxes?
23 January 2025 | 7 replies
Better to get it done right and treat your rental properties as a business.
Angel Mora
Evernest Property Management
29 January 2025 | 25 replies
A PM sends someone for maintenance and that's valuable info on how the house is being treated.
Alicia Howard
RV Depreciation for 2024 taxes
15 January 2025 | 5 replies
I googled it and found this:If you rent it to tenants, you would treat it as a rental and report it on a Form Schedule E.
Ken M.
Creative Financing and Some Things To Know
13 January 2025 | 1 reply
You have to prove you did everything right and then because of “empathy” for the poor snook who “fell into you schemes” you may lose anyway.This is a legally binding transaction that will be treated that way by the law.
Clifford Pereira
Real Estate Professional (REP) Status guidance
31 January 2025 | 12 replies
However, California treats rental income as passive regardless of REP status, so these benefits won’t apply at the state level.This post does not create a CPA-Client relationship.
Nicholas Stout
Landlord getting into section 8 rentals. Any Tips?
18 January 2025 | 19 replies
I repeat this often in this forum; Understand how to screen, understand the community you are serving, understand the culture and treat your tenants with respect.