Steve Meyers
San Diego Market Recap - Jan 2024
6 March 2024 | 3 replies
Number of sold are up about 12.5%Today's RatesLooking Ahead:As we head into the Spring market, I predict more buyers will begin entering the market, especially once tax season is over with come April.
Anthony DelVecchio
Am I ready to house hack?
5 March 2024 | 7 replies
Here are a few factors to consider:Assess your earnings, outlays, and savings at the moment.A reliable source of income is helpful, but it's not a prerequisite for house hacking in every situation.To handle unforeseen costs associated with homeownership, think about creating or keeping an emergency fund.
Peter Morgan
Tenant wants to add more roomates to keep up with payments
5 March 2024 | 6 replies
An entry-level job at WalMart or McDonalds will easily earn them $2,000 a month, but they can't afford $360 a month?
Yoon Chong
AirBnb Management Liability/Insurance
8 March 2024 | 30 replies
You can use your LLC, you will just want to talk with your CPA for tax implications.
Costin I.
Capital Expense RESERVES as deductible expense
5 March 2024 | 6 replies
In a recent post about how to minimize the taxes on rental income it was mentioned that: Setting aside reserves is an expense, so long as they are not excessive.
Trent Brodbeck
New Member to BiggerPockets
4 March 2024 | 22 replies
You get all the benefits of owning real estate (cash flow, appreciation, tax benefits) with none of the headaches of buying, renovating, or managing properties.
Dave Hart
Guidance on rent increases
5 March 2024 | 10 replies
I’m debating if I should implement rent increases for current tenants during lease renewal, even if it’s just $25/month to help keep pace with increasing costs and taxes.
April Smalls
Construction Cost Budget Projection
6 March 2024 | 2 replies
In general the holding cost I estimate are utilities, loan payments, taxes, and up keep costs for example.
Tom Sehon
Looking for a few local CPA's
5 March 2024 | 2 replies
Hello, I am wondering if anyone knows of a few CPA's with lots of rental property experience to help me sort out my first year of taxes and deciding on an LLC in the Denver/Littleton area.
William Ryans
Any suggestions for a Real Estate Investor Friendly CPA in Southern California
5 March 2024 | 5 replies
Accountants are in such demand, that the best are not even accepting clients half the time.The other problem I see often with accountants on here is that they specialize in larger investors, and have really high prices when you as a smaller investor do not need all the bells and whistles.Another thing I see is folks thinking they need to have a tax professional in their state.