First, unfortunately many CPAs are not interpreting the Regs to IRC 469 properly and some are even defaulting STR to Sch C and SE tax without regard.

I don't believe section 8 in our area, here in se Iowa, will back pay for the time waiting for applications to be approved.

IRC 469 and IRC 1402 (SE tax) are not connected at the hip.

Investment Info:

Townhouse buy & hold investment.

Purchase price: $275,000

Cash invested: $60,000

Purchased in 2015, cash out refinance in 2021 ($100k). Monthly cashflow of $650. No vacancy since...

Hi Chris, I searched for properties near Eatonton that are available Nov 1st for less than $1200 on furnishedfinder.com and found 3 SE of Eatonton and 1 NE that meet that criteria.I chose $1200 because FF shares some of their data publicly at furnishedfinder.com/stats.

. It’s not really a business per se, it’s a nonprofit providing a community service.

Hi Taylor--I'm in the Milwaukee/SE WI area.

Since they would eventually pay the taxes on the money (assuming I am correct), I doubt this would rise to the level of a crime per se.

Gino not passive investor per se but I have made a few small bets..

This young man is 25, if he plays his cards right and scales slow, by the time he is 40 he will be a millionaire many times over.You just have to be careful, there are sharks out there that are not scammers per se, but they are just very pitchy and slimy and are allergic to honesty.