
31 October 2019 | 11 replies
So, it is taxable as ordinary income plus you will pay self employment tax.

30 October 2019 | 11 replies
The data is taken from the American community survey.

28 October 2019 | 5 replies
The following is a list of Approved Lenders for the Denver MetroDPA program.1st Mortgage Solutions USA1st Reverse Mortgage USAAcademy Mortgage CorporationAir Academy FIUAll Western Mortgage, Inc.AmCap Mortgage Ltd.American Financing CorporationAmerican Neighborhood Mortgage Acceptance Company, LLCAmerican Pacific Mortgage CorporationAmerica’s MortgageAmerica’s Mortgage LLCAmerifirst Financial, Inc.AmeriPro Funding, Inc.Axia Financial, LLCBank of EnglandBay equity, LLCBlue Spot Home LoansBroker Solutions Inc, DBA New American FundingCaliber Home Loans, Inc.Castle & Cooke Mortgage, LLCCatalyst Lending, Inc.Celebrity Home Loans dba Midwest Equity Mortgage, LLCCertainty Home Loans LLC.Cherry Creek MortgageCitywide Home LoansCMG Mortgage, Inc. dba CMG FinancialCommunity Banks Mortgage, a division of NBH BankCornerstone Home Lending Inc.DAS Acquisition Company, LLC.DHA Financial, Inc.DHI Mortgage Co., Ltd.Diamond Residential Mortgage CorporationDraper & Kramer MortgageEagle Home Mortgage of CaliforniaEagle Home Mortgage, LLC.Envoy Mortgage, LtdEverett Financial, Inc.Fairway Independent Mortgage Corp.Finance of America Mortgage LLCFinancial Funding Solutions, Inc., dba 1st MortgagesFirst Centennial Mortgage CorporationFirst Choice Loan Services, Inc.

30 October 2019 | 4 replies
not sure if the $400k is total, or each....Anyway...whatever amount you buy for less than than your $1.2 M (less actual selling costs/commission)...you’ll report your $200k in depreciation recapture as ordinary income, and the balance of the shortfall will be cap gains.

29 October 2019 | 1 reply
This is not the worst problem to have.A couple of talking points.The 13K long-term rental sounds like a gross figure and likely will a small number or potentially negative when you factor in rental expenses.Selling the rental house - You need to determine if this is taxed as ordinary income or favorable long-term capital gains tax rates.Regarding to the naming of expenses, It may be difficult to do in one post since you are mentioning so many "businesses"Buy and hold rental property, Short-term Rentals, Sale of property.You may want to consider potentially looking to see if you owe any estimated tax payments which you can pay in December/January.This will also help you since you won't need to make the full payment in by April(if you infact do owe taxes).

27 October 2019 | 4 replies
I believe the vast majority of Americans pay less than $1,200 for rent so let's assume an average of $1,000 a month.100 units = $120,000 in PM fees300 units = $360,000 in PM feesThe difference here is that one person can manage 100 units in their own from home.

27 October 2019 | 0 replies
Dear BP community, I am an American expatriate living in Lima, Peru.

30 October 2019 | 2 replies
Keeping up with the latest rental property investment trends will help you make the best decisions about how to invest.Millennials are Renting More OftenThe American dream of home ownership is still strong among many demographics.

28 October 2019 | 2 replies
One room is vacant right now, and I was contacted by a business man from a non-american famous company, who would like to book my place, but the only way for him to do so is by using his business credit card.