Jonathan Dagerath
Trouble getting renters
11 July 2022 | 10 replies
Other than this, with showings: make sure the lawn is manicured, all lights are on while touring, window shades open, and maybe a handout with a short list of neighborhood amenities could be helpful!
Kshitiz Srivastava
Taxes on sale of investment property with suspended losses
30 June 2022 | 4 replies
What part of proceeds to suspended losses offset?
Rongsu Qi
Rental market slowing ?
17 June 2022 | 29 replies
In order for me to drop it to something that would be affordable to the middle of the pack I'd be looking at several hundred in loss per month.
Tiffany Onwudinanti
Using an Index Fund as your Savings Account... a new strategy?
14 January 2022 | 1 reply
Automatically add money to an S&P 500 ETF into your Roth at predetermined periods spread throughout the year to surf off both gains and losses.
Rachid B.
Rentals spreadsheet to keep track of expenses
21 July 2021 | 9 replies
This lets you run any report you could imagine, including a Profit & Loss by Class (property) so pretty handy.
Eric Brown
STR insurance - Smoky Mountains
29 December 2021 | 5 replies
I received a landlord dwelling quote from Travelers for Coverage A - dwelling for $223,600 plus 25% of additional replacement cost coverage which puts the total at $279,500, plus $28k for furnishings and $70k for loss of use.I understand I wouldn’t need to purchase the land in a rebuild, but $280k seems low for a cabin worth $520k, not to mention the risk of inflation continuing to drive costs higher for building costs and labor.
Tyler Kivland
End of year purchases to maximize tax benefits?
31 December 2021 | 3 replies
Last year was easy to claim a loss and maximize my tax benefits because I only collected a half month of rent and spent far more than that getting the place going.
Curt Bixel
STR management. Lease or percentage of profits
3 January 2022 | 4 replies
Setting the rent, in this case, would be a bit of a challenge, as a fair rent would find some sort of balance between the risk of a loss if the STR experiences low occupancy and the reward of making more profit should the occupancy be high.
David Frost
Cost Seg Tax questions
21 January 2022 | 3 replies
You have a couple of long-term rentals with mortgages, and they already show a net loss with the "slow" depreciation.
Logan Graham
Friends and Family Money
7 August 2022 | 3 replies
If the market bobbles and your ARV you calculated in the beginning isn't possible at the time of sale and there is a loss, they are likely going to be experiencing a percentage of that loss as well.