Provided I am to report the Airbnb activity on Schedule C, can I use the net loss (from painting, decorating, repairs, purchase of washer, dryer, furniture, bedding, linens, towels, etc) for 2019 on this activity against other active income such as W-2 income?

I'm trying to purchase my first investment property and I'm doing it step by step for I am new and it's easy to get lost in the process.

Hey All,Interested in purchasing a duplex here in OKC as my first investment property.

Consider seeking pre-approval for financing to know your purchasing power.

For me things have been well I purchased my first long term rental a year ago and house hacked it with AirBnb over the year.

I am planning on selling the property i own with my LLC and doing a 1031 to purchase another property.

Hi - Getting very close to completing my new build construction and had 2 questions around De Minimus Safe Harbor rules/accounting1)  For appliances that I purchase BEFORE official "available to rent" date.

Will a property you purchase for $415k cash flow with a tenant paying $3,000?

I see that many of the places in Sevierville were purchased in 2022, listed 2023, sitting for 100+ days.

Let me here what you would do with the scenario.Purchase Price:40KRehab: 40KTotal Loan From Lender after Rehab: 80KARV: 130KFair Market Rent: 1,200 Mo.If this was your very first purchase, with a goal of wanting to scale, and build a portfolio based around LTR, and Fix and Flips.