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29 January 2021 | 2 replies
There also ways to set up your "Schedule E" on your tax returns so that you still get the deductions and the lender can add back in the deductions to reduce the negative net rental.
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29 January 2021 | 13 replies
Have you had any similar experiences, or do you think that was mayb e a one-off?
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29 January 2021 | 6 replies
Where I am, the main expenses are attorney fees, title insurance, prorated taxes due to seller, buyers end of transfer tax, & if financing is involved w/e the mortgage broker charges for origination & underwriting.
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28 January 2021 | 1 reply
Once we start renting our main house, we plan to include income and expenses for both units together on our Schedule E.
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22 July 2021 | 2 replies
Hey Scott,I'd recommend the E-Myth Books I believe they have one for real estate investing.
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27 March 2021 | 74 replies
@Lynnette E.
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29 January 2021 | 1 reply
Because it is a single-member LLC, I have to report my properties on Schedule E on taxes.
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2 February 2021 | 6 replies
You can put your investment portions on a schedule E or C as 1099 income.
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31 January 2021 | 10 replies
She also maintains Sched E type spreadsheets for each property detailing all expenses, capital improvements & especially mileage by property, & the auditor liked that.