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7 March 2018 | 6 replies
I have about half of the furniture needed to furnish and decorate for short-term rental (VRBO, Airbnb, Vicasa).
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13 March 2018 | 6 replies
I'm currently listening to the newest episode of the BP Podcast, 269, and they talked about being able to depreciate 100% of any furniture or fixtures for an Airbnb if the purchase was after September.
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9 March 2018 | 29 replies
It can take 7-12 months to collect 6 months of rent.The second most helpful thing is that we buy most of our furniture and appliances from estate auctions.The third most helpful thing is Youtube.
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16 October 2021 | 57 replies
Also paid for was furniture for two Airbnb rooms, roughly $1600.Lucky for me we had a hail storm and I was able to get the siding replaced for $1200 deductible.PITI: $1230Water, sewer, trash: $150Internet: $90Gas: $80-100Electric: $70Rent from upstairs unit: $1100Rent from roommate in lower unit: $450Rent from Airbnb room in lower unit: $600My rents were low for Northeast Minneapolis because of the condition of the exterior of the home when I rented it and giving my roommate a great deal.
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17 May 2018 | 11 replies
He may offer to buy the furniture and appliances you bought, or he may not.
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16 May 2018 | 7 replies
@Jessica Freese , Lucky you, this actually can be very beneficial for your taxes.1) If you husband makes less than roughly 100k, the loss from rental can offset 25k of husbands' W-2 Income.2) Even if he makes more than 100k, Since you dont have a W-2 Job, with careful planning, you can qualify for RE professional status, that will help you use the entire loss from rentals against husbands' W-2 Income 3) You can convert some of your personal expenses into business expenses with the home office deductions, transportation expense ( mileage, depreciating computers, furniture, and other assets used for the rentals, and few more. 4) You can hire your kids and funnel money within the house if planned carefully.
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23 May 2018 | 8 replies
You've already chose one so we can't help you there.Some generic recommendations:You run the risk of the tenant ruining your home, as well as all your furniture.
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24 May 2018 | 5 replies
especially with regards to Real Estate...Maybe If i was having a garage sale or selling some baby furniture, but that's it!
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14 April 2022 | 17 replies
Which is funny because when we signed the termination last week, he came out of the house without his hazmat suit and the neighbor also told me he was in the house all day without the suit moving furniture into the detached garage.
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31 August 2009 | 41 replies
Trada's attorney for Texas is bailing on them, Marin, and other defendants.Looks like bankruptcy for Trada VI so that the limited partners will be on the hook for the amount of their investment.Also appears Boise office closing with their furniture being repo'ed.