Frank W Lentine
LLC report tax on Sch C or Sch E
25 October 2018 | 7 replies
I was surprised to find that depreciation was not deductible and loss was not reported as non-passive but passive so it stays with the LLC 1065 to match against income for 2018.
Michael Nathan
"do not rent" database
9 March 2022 | 9 replies
There are services that charge a hefty fee for this, but can often be well worth it if the tenant stays and takes care of the place.Best of luck!
Geoffrey Tanudjaja
Asking for honest opinion about what I should do next?
27 October 2018 | 8 replies
I did get myself prequalified and the loan officer told me that I can only buy SFH and I need to stay there for min. 1 year before I can make it an investment property (this option is available for me if I decided to pay DP less than 20%).I am mostly interested in multi-family properties because I can either live in one unit and rent the other or rent both units out for cash flow purposes.
Dustin Woodley
Tricks of the trade... What is yours?
11 January 2020 | 81 replies
We raise $100 to maybe $50 over market then they may stay but when we then raise it again by $100 6 months later they always leave.
Corey G.
Cleaning, Maintenance, & Rehab between tenants
26 October 2018 | 7 replies
Yeah I have 16 total units but tenants will usually stay a year or more so the jobs are intermittent time frames.
Conner Parks
Finally Got Started - Thank You BiggerPockets!
3 November 2018 | 8 replies
I felt like they didn’t offer much value and David Greene’s book was a good enough guide to not have to use them.
Raul Morales
Single Family Home Vs Rental Property
1 November 2018 | 6 replies
I would appreciate if you could please guide me on what type of loan would work out best for my project.
Seth Santo Domingo
Hello from Tulsa OK! House hacked my way into real estate!
2 November 2018 | 5 replies
Please click on the links, give them a read, and share your thoughts in the comments.First is a post that I feel will help not get overwhelmed with the amount of info that is here on BP:https://www.biggerpockets.com/blogs/5868/52761-the-simple-guide-to-getting-started-on-bp The second is a post that will help get you focused with your real estate investing goals:https://www.biggerpockets.com/blogs/5868/52743-im-new-to-bp-any-advice-would-be-appriciatedThe last one is a post that will help you choose an “investor friendly” real estate agent.
Account Closed
Raising Rent Section VIII
27 October 2018 | 4 replies
I would simply give notice under your state guidelines, inform tenant and their handler, and let them decide if they are staying or going.
Ryan Champin
First Time Buyer in NJ looking for help!
1 December 2018 | 6 replies
Once you figure that out it should help guide you in your next steps.