Joel Hunt
Hard money tax reporting
6 March 2024 | 6 replies
Otherwise, you need to file a 1099 to that person for the principal amount so that you can deduct it from your taxes as an expense to balance out LOLGood luck.
Eugene Nilus
Who is currently working on seller carry back deal?
7 March 2024 | 2 replies
But with all major repairs done and a cash flow of $4000/month (with healthy allowances for maintenance and cap ex) we hope to start taking a monthly cash out in a year or so....
Hunter Gibson
Looking to Grow My Rental Portfolio
8 March 2024 | 6 replies
It’s not a get rich quick thing but it builds up solid equity and allows me to take out a certain amount of cash to fund the next deal or whatever comes next.
Craig Jones
Personal umbrella / STR
6 March 2024 | 7 replies
My properties are in coastal Florida, I understand expensive coverage but theirs includes a 25% wind deductible. 2.
Alex Ng
Are there any lenders who do first home loans with only one year of tax returns?
7 March 2024 | 5 replies
I'm wondering if there are any lenders that would still allow 1 year tax returns.
Mohan Deep
How to bill tenant for their water usage after they move out
6 March 2024 | 5 replies
The billing cycle does not coincide with the tenant's move-out date. how do you deduct the tenant's share of water from their security deposit?
Joshua VanName
Can anyone help with the cost basis of an owner built rental
5 March 2024 | 10 replies
Also, you don't say where you are, but many states do not allow you to do 'Owner/Builder' work on your investment properties, just on your own personal residence....
Luis Ramirez
LLC for Airbnb
7 March 2024 | 14 replies
Most other states allow you to look up who the owners are of said LLC.
Felix Shi
Spent 250K to add an ADU in South Bay or buy a condo in East Bay in 2024
9 March 2024 | 26 replies
Everything depends on the HOA and what they will allow as far as amount of rentals (within the complex) and the type of rental (LTR, MTR, STR).
Engelo Rumora
WTF is wrong with investors these days?
9 March 2024 | 261 replies
😎if allowed i would do a pm job lol