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8 November 2024 | 4 replies
*I am not a CPA, tax professional or a lawyer*I cannot give legal advice, so all of my advice is illegal advice.As far as I know, section 469 of the tax code is what allows for the "STR loophole".
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15 October 2024 | 1 reply
It’s not just an investment, it’s a business.”
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8 November 2024 | 3 replies
Does anyone know of any banks in or around the August Ga area that will work with out of state investors?
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23 October 2024 | 7 replies
The more you prepare for the inevitable problems, the easier it will go.3.
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24 October 2024 | 2 replies
Purchase price: $94,000 Cash invested: $94,000 Bought an SFR that had a lease in place and the renter wanted to stay.
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14 October 2024 | 4 replies
I know this is a difficult claim and has been posted before but I haven't seen any posts with the following specifics:Taxpayer (aka TP) is a W-2 employee for real estate company that develops and owns/operates mostly multifamily and some commercial spaces.
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23 October 2024 | 14 replies
I’m just concerned about the multifamily duplexes right across $1 million house.
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8 November 2024 | 2 replies
Lucie, FL for the past few years.
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7 November 2024 | 7 replies
You can’t deduct the full cost in the year you make the improvement, but you would depreciate it over the useful life of the improvement (usually over a period specific to the type of asset, like 5, 7, or 15 years, or over 27.5 years for residential property improvements).
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8 November 2024 | 2 replies
I had to do what worked at the time.