Jake Faris
Converting multi-family STR/LTR to commercial motel/hotel - Pros and Cons
3 March 2024 | 9 replies
., tax implications, insurance, etc.)?
Tammy M.
Transition Owner Occ to Rental and back to Owner Occ
3 March 2024 | 1 reply
Does anyone know the rules or limitations concerning keeping your homestead exemption and the rules about your taxes when you have declared it as a rental property?
Ethan Tramel
Chicago House Hacking
5 March 2024 | 18 replies
What I mean by this is considering how much your down payment returns to your net worth (appreciation, loan paydown, tax benefits, AND rent avoidance).
Corinne Faivre
Hold or sell?
4 March 2024 | 6 replies
or maybe take advantage of any tax related benefits.I would be happy to give you an opinion of value and even market it to my investor clients to gauge interest.
Jordan Naeem
Free and Clear Multifamily partnership advice
5 March 2024 | 7 replies
We rent out our previous home and bring in $600 a month on it after mortgage, taxes, and insurance, but she doesn't see it as an investment property and so it has been hard to continue investing without her support.
Wes Selman
Long Term Tenant- Homestead Exemption
3 March 2024 | 2 replies
However, it is important to consult with a legal professional or tax advisor to ensure that this arrangement is feasible and complies with all applicable laws and regulations.
Bill Bouillon
Tax Deductions for Non-Professional
1 March 2024 | 7 replies
I'm curious what experiences people have had taking tax deductions as a non-professional REI.
Jonathan Garcia
Rent Collection And management system
5 March 2024 | 7 replies
You need reports for taxes: sum ALL rent collected for the prior year for your prop management s-corp 1099.
Hong Zhu
Tax season- Schedule C or Schedule E
29 February 2024 | 5 replies
Hi Airbnb hosts,Now it is the tax time.
Alex Fenske
Bookkeeping when managing 3+ flips at a time?
4 March 2024 | 8 replies
The IRS says to keep records for your business tax deductions indicating:What you boughtWhen you bought itHow much you spentIt doesn't mention requiring paper receipts at all.