Tom Rairdon
Tax considerations when selling a short term rental
12 January 2025 | 8 replies
You’re taxed on the sales price less adjusted cost basis (basis less depreciation), not taxed on the proceeds from the sale.
Account Closed
L.A. Wildfires and Their Tax Implications for Affected Residents
9 January 2025 | 0 replies
Calculating these losses involves documenting the fair market value of the property before and after the disaster, adjusted for any insurance or other reimbursements.
Shea Gajewski
My First investment property. House Hack!
8 January 2025 | 1 reply
Adjustable rate mortgage, 10% down.
Milena Garcia
Current listing with not enough showings
17 January 2025 | 13 replies
Adjust accordingly.3.
Heather Bailey
Insuring your House Hack
13 January 2025 | 6 replies
as a result I switched to a new company, and I will have to adjust it again to a landlord policy that comes with a slightly higher price tag when I move out.
Abby Biter
My Short Term Rental Barely Profitable
8 January 2025 | 11 replies
It will help you adjust your pricing to improve your vacancy rate. 8.
Allende Hernandez
Is it legal (or a good idea whatsoever) to reimburse screening fees?
11 January 2025 | 9 replies
I can see how an application fee per person can be a deterrent for applicants in my case whether for more upscale rentals people may see it as more normal.I am starting off as a non-refundable fee and measure the resistance, then adjust if needed.
Greg Strunak
air bnb bust
5 January 2025 | 10 replies
It applies to STR in the same way.Is anyone here adjusting their investment strategy because of this?
Kerry Hermann
New to the Northern Alabama market
20 January 2025 | 12 replies
I very much appreciate the honesty around the current state of the market in the area and I will make sure to adjust our projections accordingly.We are excited to start our journey and looking forward to contributing to the BiggerPockets community.
Will Almand
Cost Segregation Questions
20 January 2025 | 11 replies
If you are passive in those rentals (not real estate professional for tax purposes which requires 750 hours of real estate), and your Modified Adjusted gross income is over $150,000, then the cost seg is not actually going to save you any taxes.