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Results (10,000+)
April Birdsong AGI >$100,000 Can't deduct rental losses?
21 February 2024 | 11 replies
They are really for the legal limited liability protection.If anything, the S-Corp election may make it worse. 
John Anderson Buying a multifamily residence as a second home/vacation property?
21 February 2024 | 5 replies
At the 6th month mark you can elect to do a "rate & term" refinance if the LTV is 85% or less.You can use the same title company "Master policy" to save a good chunk of change on the refinance and ask for an AVM to avoid an appraisal (if no cash out).
John Brown Mitigating capital gains
20 February 2024 | 22 replies
If you elected a different tax status, of course that would be … different The refi itself has nothing to do with taxation.  
Logan M. Red Vs. Blue States real estate investing
21 February 2024 | 45 replies
If we devolve into discussing the shortcomings of US presidents or specific politicians, probably time to close the thread. 
Chris Brall Building department trouble’s
18 February 2024 | 16 replies
In my area the zoning board is the final approver, they are appointed to their position and have authority to make the decisions and to be a bit more impartial than an elected official.
Account Closed Tax considerations you MAY NOT KNOW about short term rentals
17 February 2024 | 11 replies
The REPS-9 election prohibits grouping short-term and long-term rentals, emphasizing the need for careful strategic planning.
David Lopez My Cpa Retired in 2021 and i am doing my own taxes
16 February 2024 | 16 replies
Other than that, mistakes related to expenses are common, and not electing things like the De Minimis Safe Harbor election, which can save you if you get audited.An option you might want to consider if you do your own taxes is at least have a tax professional review your return after you complete it (but ideally before you file it). 
Ben Pearce House Hack Accounting Help
16 February 2024 | 6 replies
This event will also occur if you elect to revert your LLC/S-Corp back to just an LLC. 
Aileen Qu New Investor in Binghamton,NY - Short-term rentals
15 February 2024 | 4 replies
You can ignore the new zoning maps and buy anything that make financial sense.Here's the link to Bing's updated zoning regulations- skip to Article VI, Residential Districts.https://www.binghamton-ny.gov/government/elected-officials/c...
Jonn Vidal Realtors vs Unboarded Licensed Agents/Brokers
14 February 2024 | 3 replies
The NAR leadership is in flux and members are dropping out.NAR President Warns DOJ A “Bigger Problem” Than Sitzer/Burnett (therealdeal.com)