Peyton LaBarbera
Operating Expenses Question
21 February 2024 | 6 replies
For example, for property taxes, you can search Google for what the state taxes are on a primary/secondary property.
April Birdsong
AGI >$100,000 Can't deduct rental losses?
21 February 2024 | 11 replies
Hi thereI am new to investing, looking at a SFH for my 1st rental property and trying to understand the tax benefits that are often spoken of on the podcasts.
Cj Yu
Is an Ohio LLC renting houses in Penn required to file tax with Penn?
20 February 2024 | 1 reply
Supreme Court's Wayfair decision, Pennsylvania may require collection and remittance of taxes from businesses that have a substantial economic nexus in Pennsylvania"But from this site, it looks LLC needs to file Penn state tax no matter its size:https://www.revenue.pa.gov/TaxTypes/Partnerships-S-Corps-LLCs/Pages/default.aspx#:~:text=Limited%20Liability%20Companies,pay%20corporate%20net%20income%20tax."
Alexander Rodriguez
Tenant keeps paying rent late
23 February 2024 | 13 replies
Do they have a tax return coming that they could use to catch up?
Greg Ripley
Estimating Multi Family Insurance Costs - Eastern Canada
21 February 2024 | 2 replies
For other variables such as tax rates and heating costs, I find it easier to get a good evaluation.
Alan Asriants
Why BRRRR is so hard right now...
23 February 2024 | 18 replies
I get the tax benefits on top of that (this is a big one for me), some small principal paydown, small monthly cashflow etc.
Khalipa Oldjohn
What does property sales instrument code OR and CD mean w/r/t a vacant lot purchase?
22 February 2024 | 2 replies
Hi, so I won a tax deed at an auction for a vacant lot but I am trying to determine if there are a bunch of leins on it.
Neno D.
Creative Deal - Finance Help Needed! (Primary)
22 February 2024 | 21 replies
Most Jumbo lenders use IRS returns net number so be careful filing your 2023 tax return in not making the expenses total greater than 25% of income which will generally be the hit on gross rents.
Jared Baker
Handyman in Wisconsin
22 February 2024 | 8 replies
So you will need to know the rules where you work, as well as know the sales tax requirements, for where you are working.
Courtney Cook
Custom Rental Agreement Advice - Calera, AL
21 February 2024 | 6 replies
I think this makes everything cleaner for taxes, documenting historic rental payments, and legal issues that may arise due to the barter, etc.