Amol Kulkarni
Property Management, Passive Activity Loss Limitation and Depreciation
17 February 2024 | 2 replies
Hi all,I've been reading about the Passive Activity rules that prevent passive losses (eg Depreciation) from being offset against ordinary income.
Phil Sharp
Buy-and-hold philosophies: Cash flow vs Appreciation
21 February 2024 | 94 replies
So that's why Year 0 is NEGATIVE $1k.Next, you kept the money in the Savings Account for each of 10 years except for the last year.That's why Year 1 to 9 is ZERO... because nothing came in and out of your pockets.BUT, in year 10, you closed your Savings Account and put your money Back into your Pockets, which is why it's a POSITIVE $2,594.When you then do your IRR, the answer becomes 10% EXACTLY as the Savings Account with a fixed Interest at 10% per year!
Dave Halevi
Intel's new facility
18 February 2024 | 16 replies
Last I heard (I'm from Cbus)--it's still planned for the New Albany International Business Park.https://siliconheartland.newalbanyohio.org/#:~:text=On%20January%2021%2C%202022%2C%20Intel,of%2Dthe%2Dart%20factories.
Kristina Taylor
Can I create an LLC and sell my personal rental portfolio to the LLC?
20 February 2024 | 4 replies
She didn't raise rents, left a unit vacant for 5 years, and didn't pay taxes on 2 of them for the last three years.
Jane Mipsey
Amount of mortgage "responsible for" for property with joint tenancy with partner
20 February 2024 | 2 replies
Hello, I had a tax question -- my partner and I bought a primary residence last year -- we are not married therefore, are filing taxes separately.
Kathleen Dylan
End of Lease: Responsibility of tenant for return of Deposit?
20 February 2024 | 4 replies
Tenant must deliver possession on last day of lease in same condition as rented, normal wear and tear excepted.
Marcus H.
Set up Quickbooks for real estate investing/rentals
17 February 2024 | 27 replies
YOU can do a Profit and Loss Report by Class to see where you stand financially on each individual property and/or building.
Joshua Bailey
Create an individual LLC per investment property?
20 February 2024 | 15 replies
Within every software you can create classes so you can run a balance sheet and Profit and loss by asset.
Arn Cenedella
Is being a spreadsheet ninja the keys to the “kingdom”?
18 February 2024 | 2 replies
But I don’t give it primary weight.
Cindy B.
Applicant refuses to give out SSN before signing Lease
21 February 2024 | 51 replies
Are they willing to provide a few months of bank statements and last years tax return showing matching income?