Greg O'Brien
Clearing Up Confusion on Tax Treatment of Short Term Rentals
1 November 2024 | 48 replies
@Nancy Bachety did you file grouping elections for any of your properties (LTRs with LTRs or STRs w/ STRs)?
Brienne Metcalf
new land lord - inherited tenants
2 November 2024 | 9 replies
You CANNOt file a 7-Day, Demand for Rent. --- If you close on the property in November and immediately send the 30-Day, you LEGALLY have to wait until January 1 to file a landlord-tenant case to regain possession is the tenants have not vacated.4) Your rent losses will be November, December, January, February and probably March if the tenants choose not to pay and you have to evict.--- Make sure seller at least collects & prorates November rent to you!
Isaac S.
Delaware Statutory Trust DST 1031 Difficulty Giving up control
12 November 2024 | 171 replies
Exchange Right's necessity retail DSTs are intriguing, but splitting out the multiple property for tax filing sounds like a pain when it time for tax filing.
Jazmin Winsor
Purchased first home, house hacked and needing tax advice
31 October 2024 | 4 replies
For reference we are not married and file separately.
Philip Weaver
Real Estate Professional Status (REPS)
30 October 2024 | 1 reply
Hello, I own a plumbing company with 40 + employees and mostly work under contractors that do remodel, new construction and commercial work.
Andy Rousch
Best software to manage multiple bank accounts with different banks
31 October 2024 | 8 replies
That's the key component that is usually missing when I hear other entrepreneurs/investors say they don't like QBO.Something else to keep in mind is your entity structure and how your entities file tax returns.
Daniel DeBruin
Critique my kitchen
30 October 2024 | 1 reply
Hello everyone, I am doing some tenant turn over remodeling on a rental property.
Gavin Wynn
First time forming an LLC
7 November 2024 | 22 replies
Filing fee is like $25 or something.
Stevens Jaquez
Question Regarding Evictions on a recently purchased home
30 October 2024 | 3 replies
Since she is already willing to go to court I know she wont actually leave or pay rent but I want to make sure She cant say on court that she didnt pay because she didnt know how much to pay.2- On November 5th (because thats the date of the notice to vacate I put in because I thought I had to give her 30 days and I wanted to be nice) I will file for eviction.The issue is that I know the previous landlord used to pay the eletric for the house, though the lease clearly states is the tenants responsability.
Jon Pflueger
Lawyer Reviewed Contract
30 October 2024 | 4 replies
What I have saved would ideally go to filing an LLC and earnest money when I get properties under contract.