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Results (6,356+)
Rochelle S. Tax strategy for vacation home vs rental?
9 November 2016 | 11 replies
I also have my own web site with calendar that reflects bookings. 
Jay Sheth 1 month delay in get rental payment
8 September 2022 | 10 replies
This enables them to account for all income and expenses for the calendar month before paying out the owner draw in publishing your statement.I pay my owners around the 10th to 15th of each month, which is more common and what most owners expect.
Collin Hays What is VRBO’s take?
10 February 2020 | 22 replies
It doesnt really matter if they are enabling you to make money.HA/VRBO keeps my calendar full and makes me money.
Vicki Chu Two relinquished properties for one replacement property?
28 July 2017 | 2 replies
@Vicki Chu, Each exchange will have it's own calendar so you'll have to really stay sharp and calculate risk.If you are wanting to combine two sales into one purchase the purchase is likely to be a much larger asset than you would ever buy if you only sold one property.  
Edward Salazar How to Handle My Mobile Homes Rental Income?
11 September 2018 | 10 replies
Please know that, by law, you are obligated to issue 1099Misc tax forms to each and every handyman/contractor you paid more than $600 to (in a given calendar year), UNLESS they are an incorporated business entity.
Dustin Burke Wichita, Kansas ~ Where is everyone? Let's get connected!
26 April 2019 | 13 replies
I am going to put it on my calendar for the month of April.
Justin Webb Seeking help looking at pros and cons for my first real investmen
16 March 2021 | 3 replies
Keep in mind the basic 1031 rules:Must complete within 180 calendar days of the sale of your relinquished propertyMust identify (up to 3) replacement properties within 45 daysOnly complete tax deferral if the final value of the replacement property(ies)equal at least as much as your net sale price for the relinquished property.If you trade down in value, the difference is taxableKeep the same taxpayer across propertiesYou can exchange into (and out of) any state and many US territoriesThere are lots of different assets that qualify as valid replacement targets in a 1031, so think broadly
Ryan Smith Professional Management on a Short-Term Rental?
18 January 2018 | 31 replies
To operate 2 locations you really need to have a reliable cleaner or 2, sync calendars on booking platforms and download the apps to communicate with guests.
Adam N. Exchanging one flip for another fixer upper
7 May 2017 | 11 replies
You then have the remainder of your 180 calendar day exchange period to both pay for and complete the intended capital improvements to the Replacement Property while the Replacement Property is being held by the Qualified Intermediary through the Exchange Accommodation Titleholder "EAT".  
John Reid short sale taxes
4 July 2010 | 5 replies
This provision applies to debt forgiven in calendar years 2007 through 2012."