Eric Lowder
Schedule E expenses for end of year purchase
7 February 2024 | 6 replies
@Eric Lowder since you didn't place the "property in service" (e.g. make it ready and available to rent) until Jan 2024 you'll report the income and expenses on Schedule E in the 2024 tax year.In rare cases, that short-term rental income will be reported on Schedule C, but this is only if the rental offers "substantial service" that includes things like concierge services or a butler. ...
Joshua Cheeks
PURCHASED MY FIRST PROPERTY, CURRENT OCCUPANTS REFUSE TO MOVE OUT
6 February 2024 | 7 replies
Congrats on getting an eviction under your belt.Take time to learn all you can about screening new tenants - that is the key to reducing the risk of evictions.
Randy Funk
Starting out in Denver
7 February 2024 | 5 replies
Particularly be sure to include your goals for real estate investing so that folks can help you. 2) Follow your favorite forum topics and set up keyword alerts!
Chris Morris
15K-20K for structural engineer for 2 story ADU in Los Angeles?!
8 February 2024 | 14 replies
We agree that it absolutely depends on your design intent, including the number of stories and square footage, hillside vs flat and overall level of custom detail desired.
Ray Williams
P.M.- E&O / Liability / Homeowners Insurance Questions
7 February 2024 | 8 replies
This alerts us to any changes, including cancellation, to the policy.
Daniel Muscarella
Is AirBNB really dead?
9 February 2024 | 79 replies
We wash all linens including blankets between stays.
Brandon Stiles
Insurance on flips when acting as GC?
7 February 2024 | 5 replies
So this includes, roofers, drywall, landscapers, flooring, etc.In your case, especially since you are flipping, you should ask for proof of insurance before starging a job.
Andreas Mueller
Should you Rent or Buy?....How about Both! (Yes it's possible)
8 February 2024 | 7 replies
A mortgage on that home would be roughly $2636 (including taxes and insurance).
Account Closed
New to the community, looking for guidance
7 February 2024 | 8 replies
Including all things related to retirement funds, malpractice insurance, side hustles, vacation homes, and more.