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Results (10,000+)
Terry Portier My First Quarter Earning’s & Start-up Cost
2 April 2013 | 15 replies
Labor: 180-hours (15hrs/wk, $80K median household income) = ($7,200)Labor includes reading BP(education), looking at properties, going to REI association meeting’s, talking to banks, agents, internet research(home, market analysis, comps, etc) Gas/maintenance on car: ($30/wk) = ($360) (tax write-off)RE License: ($1000 REC fees + 70 class/etc hrs @ $40/hr) = (3,800) (1,000 write-off)Association dues: (400) (tax write-off)Net loss: ($11,760) (minus tax deduction)$10,000 in labor or my time many do not account for in their profit margins.
John Oden New Member, Nashville TN and Tampa, FL
22 February 2014 | 10 replies
Best place on the internet!
Matthew Hicks Diary of our first Historical Rehab and Company Rebranding
29 May 2014 | 16 replies
If you have internet explorer it may not work, for me, I have to use chrome.
Rambabu Tummala Planning to buy property from MARQUIS PROPERTIES
25 January 2016 | 103 replies
Too many people now depend on (or think they do) their internet reps and the commodification of their own sites.
Chris Christianson Question about heating a home that's on the market
14 February 2014 | 8 replies
Is there a programmable thermostat?
Tom B Buying an office condo
15 February 2014 | 9 replies
Hoping to fill the office with designers, programmers, computer repair, consultants, etc..
John E. How do I make RE investing a business and not a hobby?
17 February 2014 | 31 replies
I can enrich myself with knowledge on the internet, with books, and discussing things on a blog such as BP.
Jonny C. Getting Started and Looking to Invest
15 February 2014 | 3 replies
However, there are lots of deductions (expenses) that reduce the rental income and sometimes your overall taxable income resulting in a lower overall tax rate: mortgage interest, depreciation, water/sewer/internet bills if you pay them, property taxes, repairs/maintenance, property management...The is an extra benefit if you work in real estate for a living; it's not hard to read up on the details and criteria for that situation, but I don't know them off the top of my head, and I'm definitely NOT a tax professional.
Anthony Carlson New member in Summerville SC
17 February 2014 | 12 replies
Searching the internet for other options lead me here and I hope that it gives me the spark that I've been needing to get my feet wet.
Dennis Nemitz List of things you can deduct on taxes?
17 February 2014 | 5 replies
home office supplies and home office deductionAdvertising costsMaybe cell phone and Internet if used for business?