Matthew Samson
Should I engage a CPA now or wait until we've built up a basic portfolio?
25 September 2024 | 17 replies
That way we could either claim expenses as deductions or through depreciation, rather than just as an increase in basis for capital gains if it was our primary residence?
Jo Jones
S. Oregon Landlord-Tenant Question
23 September 2024 | 2 replies
Tenants claim they are not moving.
Brendon Wise
Am I spending way too much on my CPA?
23 September 2024 | 3 replies
. :)A claim like that is crazy...I personally think the fees that you signed up for is on the high side.You can view a couple a couple of posts on this message board about people signing up with 1800 accountant and then wanting to move on to another accountant.The thing with firms like 1800 accountant is that you will likely be with one accountant one year and then another accountant the next year because they have a high turnover.The issue with this is that you may have to re-explain your situation on an annual basis.Best of luck.
Sanjeev Advani
LL Flooring Joins the Wave of Retail Liquidations: Closing 400+ Stores Amid Bankrupt
23 September 2024 | 2 replies
Many contain higher level ofchemicals (formaldehyde) and others compared to what they claim, especially per LEED standards.
Rachael Palmer
STR in Unincorporated Bay Pines (5 min drive to Madeira Beach) or Indian Rocks Beach
24 September 2024 | 8 replies
@Rachael PalmerI HIGHLY suggest you utilize @Josh Green, he has that market dialed down and has the results to back up all of his claims.
Samuel Hopkins
Virginia Wholesaling Questions
24 September 2024 | 22 replies
Are either of these claims true?
Michael Belz
Question: Auction Purchase with Quitclaim Deed – Title Concerns
21 September 2024 | 3 replies
The Quit Claim Deed raises the question why?
Melanie Baldridge
Know these rules before doing a Cost Seg
24 September 2024 | 4 replies
You must work at least 750 hours per year in a qualified RE business.So most people who have high-earning W-2 jobs outside of real estate won't qualify.But the unique thing about RE pro status is that even if you don’t qualify but your spouse does, you can both file jointly and claim the losses from your RE investments to offset your other active income together.It's an incredibly powerful benefit if you do meet the criteria.
Joseph Belgrad
Liability if VRBO tenant injured on my property
22 September 2024 | 3 replies
TENANT agrees to hold OWNER harmlessagainst any claim for damage and/or injury due to TENANT’S act or neglect or theirguests act or neglect."
Trent Reeve
Home Warranties for STR
23 September 2024 | 6 replies
I think they would also deny any tenant claims if they knew it was a rental.