David Kanarek
Beware of Norada Capital: Caveat Emptor My Fellow Small Investors !!!
24 October 2024 | 88 replies
This doe t mean that the poster is someone in cohorts or a “supporter” of the person, business or methodology you claim defrauded you.Based on my posts in the other thread on the same topic, I have been receiving emails providing additional information purported to show proof of fraud, though I have NO WAY of verifying it.
Marc Lock
Claiming RE Professional Status as a W-2 Employee
14 October 2024 | 4 replies
Is he eligible to claim real estate professional status?
Sean Hoglund
South Carolina property tax (non resident)
22 October 2024 | 4 replies
Disclosure: I have only done this with MFR properties but according to the state it should be acceptable with SFR property as long as you claim holding it solely for investment and not your personal residence as you would already get a better deal.A few other slight perks of SC compared to some other states is the taxable value is not retroactively applied.
Tony Thomas
Should I start a property management company?
24 October 2024 | 12 replies
By forming a property management company, you could deduct business expenses like office supplies, software, and possibly a home office, which you wouldn’t otherwise be able to claim.
Isla Arshad
Property is Carpeted - Is not Allowing Pets Still Possible?
23 October 2024 | 13 replies
And since as a landlord with less than 100 homes you are limited to only filing a small claim on the damages and you can not report this kind of tenants to the Credit Bureau, it's worth the price.
Andy Port
Is syndicated co-investing (passive) right for me?
24 October 2024 | 10 replies
Many times they will claim it's wonderful and then try to hide their worst deals by only showing completed deals.
Diran Deukmajian
Evicted Tenant - owes me money
21 October 2024 | 13 replies
A few of them came back years later and paid everything they owed because my claim was preventing them from qualifying for a home loan.
Marlie Evans
Bonus Depreciation, safe harbors and Partial asset disposition
22 October 2024 | 8 replies
•Depreciation Recapture: When you sell a rental property, depreciation you’ve claimed can be “recaptured,” meaning it’s taxed as ordinary income up to a certain limit.
Tyler Bilinovic
How important is getting an account for tax purposes when entering long term rentals
23 October 2024 | 15 replies
Do you know how to claim various safe harbors (de minimis, small taxpayer, etc).
Brian Goff
LLC Question regarding ownership and income reporting.
18 October 2024 | 3 replies
Once you start co-mingling the LLC's business with anything else you give an easy and clear reason for anyone suing you to claim the LLC isn't acting like a separate entity and "pierce the corporate veil" meaning that they could use that as a way to come after your personal assets as well.