Jason C.
Travel Expenses for Rental Property
17 January 2024 | 7 replies
My intent is possibly select this CPA to do my taxes for next year.
Coty B Lunn
What is the BRRRR Strategy and How Does it Work?!?!?
18 January 2024 | 1 reply
This facilitates portfolio growth without the need for significant new capital.Tax Benefits: Real estate investors may benefit from various tax advantages, such as depreciation deductions on the improved value of the property, mortgage interest deductions, and other allowable expenses.
Nathan Frost
Buying a home from Tax Sales
16 January 2024 | 3 replies
Are their good benefits for getting a home from tax sales?
Sangam Baligar
STR to Primary Conversion Pro and Cons? Can it be done?
17 January 2024 | 6 replies
Unfortunately I think this question can truly only be answered by CPA and best by the CPA who did his taxes.
Nathan Kostrba
Looking for an experienced Real Estate CPA
18 January 2024 | 3 replies
I am looking for a CPA with real estate experience who is passionate about developing tax strategies for SFH investors.
Account Closed
A Tax Deduction Extravaganza for Jet-Setting Investors!
16 January 2024 | 0 replies
If you've set up a home office, your business-related travels are tax-deductible within your "tax home," which is the geographic location where your rental business is established.Tracking Your Business MilesTo make the most of these deductions, you can choose between two methods: the actual expense method or the standard mileage deduction.
AJ Wong
How Rare are Oceanfront STR's and BNB's in your State and the United States?
19 January 2024 | 7 replies
Insurance and taxes are making a lot of these investments not super desirable.
Nolan Mahoney
Buisneess savings account or personal savings account?
18 January 2024 | 7 replies
(im using Avail for property management and as a program to collect rent) I went to the bank today and they said i must use a buisness account for tax purposes and i would need to start a sole proprietorship or an LLC to set up the buisness account, even though the building is going to be owner occupied by me.
Nicholas Stevenson
18 years old, 50k cash, what would you do?
18 January 2024 | 7 replies
With that said, the benefit is that there is no income verification (no paystubs, tax returns, W-2s).
Orhi Tahi
What are the best ways to assume someones loan ?
18 January 2024 | 5 replies
IRS taxes 2 years, w-2 right now because we are before 2023 return due 3 years, paystubs 30 days, mortgage bills, fire insurance and HOA bills, bank statements past 60 days.