Stephanie McPherson
1031 personal to LLC exchange
4 March 2021 | 2 replies
The proof will be on your Schedule E.
Vainus Diggs Jr
Vainus Jr coffee & doughnuts
10 March 2021 | 9 replies
@Robert E Sabo thank you, how’s Tucson doing?
David Williams
It's NOT a bribe, really. Dealing with opposing agent.
4 March 2021 | 5 replies
Or before you ask , Give like casual stuff like, One day ( if you are in constant communication with her , helping you in other stuff) just send her a random Starbucks e-gift (very is , only takes 1 mins on your phone) Also another day ( what ever service or product you have) you can give her like a free trial ( randomly!
Cass Hecker
Qualified Joint Venture for RE Spouses
5 March 2021 | 4 replies
FWIW an s-corp is used for running "active businesses" where a default state of the typical LLC is tax wise pass through to your personal 1040, the ideal scenario for holding rentals; in a pass through LLC, where taxes pass through to your 1040 schedule E for rentals.Rental tax regs are actually quite simple for the Schedule E, even the newer 179, di-minimus, and bonus depreciation.
Ari Bachrach
Tax reporting when using home equity for RE purchase
6 March 2021 | 2 replies
Every year I report the interest from the HELOC on the schedule E for the investment property.
Ruoxi Xie
New member from NYC to invest in student housing
26 March 2021 | 19 replies
I did look at the new student rental legislation which definitely concerns me a little but I assume old townhomes on E 5th St are still in the game?
Bob E.
Selling with a 1031, Can I seller carry back a 2nd Mortgage
5 March 2021 | 6 replies
@Bob E., You can.
Chris L.
Is is necessary to use an attorney for refinancing in NC?
9 April 2021 | 3 replies
@Jason E.
Isaac Lozano
Owning a Electric Vehicle
11 March 2021 | 3 replies
We never really noticed an increase in our PG&E bill but I'm sure the extra cost was there.
Dimitri Paspalaris
H&R Block for investment properties
7 March 2021 | 5 replies
I can’t remember what it was exactly but there was something with the schedule E (where investment properties go) that caused me to switch.