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19 April 2020 | 22 replies
I recommend setting up keyword alerts for each area as they are discussed in the forums daily with advertisements posted in the BiggerPockets marketplace hourly.One thing to note when looking at the individual markets, you can make or lose money in any market.
12 March 2020 | 0 replies
I have read a lot about advantage of claim "active participation", but no article about any pros on NOT claiming active participation.I have placed a couple of properties in service in 2019 and will have a loss that can offset up to 25,000 active income assuming i claim active participation (I am not a real estate professional and I know I cannot claim "material participation").
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16 March 2020 | 3 replies
Trying to track receipts from materials, labor/hours of our crew, etc.
13 March 2020 | 10 replies
Confirm with local water authorityLawn care/snow removal: $50-150/month depending on location and property specificsOther shared utilities: Property dependentTrash removal: Property dependentPest control: Property dependentProfessional/Admin fees: $25+/month depending on the size of the property to cover tax filings, advertising, etc.
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15 March 2020 | 3 replies
I own a house that I am rehabbing that I am getting close to having ready to advertise for rent.
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10 November 2021 | 12 replies
But so what if you cant deduct your interest, you can deduct: Advertising/Marketing, Leasing Commissions, Professional Fees (Legal, Accounting, etc.), Taxes (Property & Other), Depreciation, Business Mileage, Education & Training, Bank Fees, Employees, and Independent Contractors, Repairs and Maintenance, Insurance, Property Management Fees, Supplies, Utilities (Oil, Gas, Electric, Water, Phone, etc.), Home Office Expenses, Travel Expenses, Snow Removal, Landscaping, Pest Control, etc., HOA Fees, Business Meals (50% deductible), that doesn't stop you from cash flowing growing equity and someday retiring wealthy.
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6 April 2020 | 11 replies
I would say it would be about ten-100 yard dumpsters worth of material per house and the property does not have asbestos.
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15 July 2020 | 20 replies
I also showed him photos of the toe kick area where he supposedly went out and got new materials but the ‘custom’ toe kick is only in one area – this is because they used materials I provided (we had a damaged cabinet) where they just cut it to size and put in place.
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26 April 2020 | 65 replies
Checking local News it seems Hawaii is now up to 4 cases, 27 being monitored, 0 deaths, 0 quarantined, according to the Star Advertiser.
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12 March 2020 | 2 replies
Looking for contractor that is reliable and does good work, that is comfortable with using 'big box store' quality materials and working quickly.