Peter F.
Property Manager Under Broker - Commission
16 February 2024 | 9 replies
Setup, marketing, sales & management.Their Goal: Develop steady income for the firm to combat dips in sales.My Goal: Develop my own business.
Artur A.
What is the best area to invest in Mexico?
16 February 2024 | 22 replies
Bear in mind though that past performance isn't a guarantee of future performance.
Irfan Saeed
What kind of a loan i can qualify
16 February 2024 | 6 replies
This product is no income no doc and underwritten purely on the rent schedule of the property .
Michael Abasiekong
Show Me the Money: Tracking Rental Property Income and Expenses
14 February 2024 | 0 replies
One way to do this is by carefully keeping track of all the income and expenses related to your business.
Ben Pearce
House Hack Accounting Help
16 February 2024 | 6 replies
I will be opening a separate checking/savings account for the other side of the duplex to house rent income and property related expenses.
Jun Lopez
Looking for an accountant in the area
16 February 2024 | 12 replies
The good thing about Jacksonville, FL is that Florida does not have a state income tax.Georgia does have a state income tax.The one important thing to recognize about Georgia is that they don't recognize bonus depreciation.
Kyle Falkenstein
LVP or Carpet in Rental?
17 February 2024 | 18 replies
Duplex tenants are younger/lower income than sfh, so likely worse than my tenants.
Julio Gonzalez
Cost Segregation Example on California Apartment
16 February 2024 | 3 replies
Thanks to the Cost Segregation Study, the property investors accelerated the depreciation that the first year depreciation was approximately $356,000.The use of the accelerated depreciation strategy helps real estate investors to reduce the tax liability immediately which therefore increases their bottom line due to the offsetting of income.
David Green
Using IRA to buy rental property
16 February 2024 | 26 replies
If I open a conventional SDIRA, buy a rental property, have monthly rental income go back into the SDIRA and then take the rental income as a disbursement, will I have to pay income tax on that money at the end of the year?
Angelo Cortez
Claim paintings as furnishings for STR for Schedule C?
16 February 2024 | 6 replies
@Angelo CortezMost STRs report income and expenses on an IRS Schedule E (not Schedule C) unless your STR is offering "substantial services"-> for example, concierge services or a butler to guests.