Sheldon Peart
Multifamily Valuation Help Request
15 July 2018 | 12 replies
It helps to understand them by separating them according to their purposes.
Vincent Crane
Quickbooks question - receipt vs transaction upload?
15 April 2018 | 1 reply
You should, however have a copies stored somewhere for audit, lending, and insurance purposes.
Daniel C.
Tax implications for husband/wife starting in rentals
15 April 2018 | 4 replies
She will be transitioning full time into a "real estate professional" for tax purposes.
Brandon Andreola
FIRST DEAL! Confusing situation, numbers loom good!
15 April 2018 | 11 replies
However, it can legally be used as a bedroom/extra room for the main house.
Jason Chu
How do landlords deduct expenses that span multiple properties?
16 April 2018 | 4 replies
I have seen on this website answers both ways regarding this (the site administrator saying leave it in Sch A, and his colleague (also a enrolled agent) advising that it can be written off in Sch E, but that there are certain restrictions mainly -- you must have passive activity gains where the deductions are covered (no passive activity loss carry over allowed.
Bernadeau C.
[Calc Review] Can i get some feedback on this deal?
16 April 2018 | 14 replies
Are you investing mainly for cash flow, appreciation, or long term equity build?
Kristine Libby
Accessory Dwelling Unit (ADU) in San Francisco
31 August 2019 | 2 replies
Main issue: if you add an ADU the property becomes a 2 unit bldg., which means it’s under rent control for both units.
Spencer Stevens
Business Travel - Tax Deduction
22 April 2018 | 6 replies
Does having a rental property in Utah qualify for a business purpose without needing any evidence?
Ashish Brar
Out of state Rentals for Positive Cash Flow
19 May 2019 | 44 replies
I can't afford the Boston area, so I've invested in property in Maine.
Austin Pekarek
New From Springfield Missouri
16 April 2018 | 8 replies
The main aspects of real estate that I am interested in would be owning rentals, and working as a RE agent.