
22 April 2024 | 0 replies
The assessed value includes the building, land and building components.

24 April 2024 | 25 replies
Another cheap "amenity" I included was a high quality putting green matt (6x12) I bought on Amazon for $350.

21 April 2024 | 2 replies
Schedule E typically caters to rental income and certain types of passive income, while Schedule C is tailored for reporting profits and losses from a business or self-employment.
21 April 2024 | 1 reply
If you are installing them in 2024, the amount of bonus depreciation is limited to 60% and you can therefore only take 12.75% in the first year (plus normal remaining depreciation for a part-year asset).I'm not sure how the split would work between the residential credit and the commercial credit as this may be reported separately with the partial business use allocation happening first.

22 April 2024 | 15 replies
It will be used for damages, including the ones they've already done, and damages that exceed the deposit amount will be billed to them.

19 April 2024 | 4 replies
I understand the credit report will reflect it.

23 April 2024 | 12 replies
If one believes everything somebody (including professionals) or something tells you, you're in trouble.

21 April 2024 | 14 replies
This includes checking past landlord history, money in the bank, paystubs, etc.
22 April 2024 | 2 replies
These activities include shopping for mortgage, communication with lenders, going to open houses, doing comps for putting in an offer, analysing disclosures, and closing activities.

21 April 2024 | 11 replies
The losses should be reported on the K-1's provided to you.