Anna Nevarez
Can an LLC report one rental on Schedule C and the other on Schedule E?
29 July 2024 | 9 replies
You really need to be sure you actually meet all of the participation requirements; the most likely scenario is that you really need to be using E for your properties.
Alec Jacobs
Should I have utilities in my name or my tenants name?
31 July 2024 | 15 replies
@Lynnette E.
Erin Silva
Spreadsheet for Tracking Rehab Expenses
1 August 2024 | 35 replies
It sounds like the only way to access the e copies of the spreadsheets mentioned is by purchasing through BP?
Michael Keffer
Question for Loan Officers
31 July 2024 | 7 replies
We can use income filed under Sched E once it shows up on a tax return.
Tommy Cheng
Renting both ADU and Main House at STR/MTR
30 July 2024 | 10 replies
If I could do it over again I would list as all one unit, I could have made the same if not more doing it that way and less headache.
Griffin Ahrendt
Newbie looking for advice on a House Hack!
1 August 2024 | 6 replies
Here is the property I am interested in, and have attempted running calculations on:https://www.realtor.com/realestateandhomes-detail/318-E-Plum-St_Mankato_MN_56001_M76689-72127?
Mike Wells
Astonished at my tax services bill!
3 August 2024 | 28 replies
Also no insurance.Finally, the IRS Audit likelihood for a 1040 with 6 Schedule E properties is about 10 times as likely as a 1065 (with your spouse) or an S-Corp.Then you can get a single K-1 and do your own tax with Turbo Tax.
Nathan Kurz
Any RV Park Buyers, Investors, and/or Developers in Austin?
30 July 2024 | 3 replies
I believe he is working on completing a roll up of the RV parks in the hopes of selling it to P/E down the road.
Peter Morgan
Tenant smoking hookah in the apartment
29 July 2024 | 3 replies
Smoking is considered cigarettes, cigars, pipes, hookahs, water pipes, vapes, e-cigarettes, and any other like instrument that produces smoke or vapor, regardless of whether tobacco or other consumables are used.
Jeff Shu
Is landlord responsilbe to keep commond ground clean?
29 July 2024 | 6 replies
The teant responsibility on the lease under maintenance section described as follows: E.