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8 December 2022 | 3 replies
You can also muddle though the instructions for IRS form 1040 Schedule E and IRS Form 4562.
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8 December 2022 | 1 reply
MF Properties don't fluctuate as much some other parts of the country have in the past few years, but we have stable, steady growth.
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12 December 2022 | 8 replies
+I do not see expenses for garbage, lawn care so this raised more questions.What they do have is maintenance , repairs and taxes.For example, is asking for a Schedule E tax return to much to request ( to make sure I am accounting for all expenses.)The properties are fairly newer built 2005 so i dont expect for Repairs to be as much as well...Any information wouldd be helpful
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6 January 2023 | 9 replies
Quote from @Scott E.: You're going to get very divided opinions here.Most people agree that forming an LLC is a good plan for (some) anonymity and protection, but the right insurance policy is even more important.
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7 January 2023 | 21 replies
@Scott E. kind of how I was leaning too, the validation helps.
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7 December 2022 | 0 replies
The built in shelf in the second pic used to be a door to the home.What made you interested in investing in this type of deal?
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15 December 2022 | 28 replies
You mentioned flip in your post so I thought you were deciding between rentals/flips.I agree with Scott E 100%.
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16 December 2022 | 18 replies
Pros - Rents are more stable and likely better rent growth.
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5 December 2022 | 4 replies
Some things stay the same (we tend to use off the shelf cabinets from Lowes) and LVP (from Home Depot) and then see what the builders closeout stores have for other items which are often 50% + off.
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5 December 2022 | 11 replies
Worth looking into if you are filing E forms.