Alejandro Piedra
New to BP- DFW and Tulsa
4 April 2020 | 22 replies
Tulsa and DFW, both solid choices in my opinion.
Jon S.
"Writing off" stuff in taxes
28 March 2020 | 3 replies
We didn't have much choice about becoming landlords.
Di Ye
How can we let tenants pay rent with their credit card?
3 April 2020 | 25 replies
Zelle is bank to bank only, and technically also doesn't allow commercial transactions, but some do use it.Some payday loan places let them pay with money orders at no charge (their choice how to pay for those, usually free if they use cash).Let them decide how to pay, rather than setting up an account that is credit card only (like square, for example).
Fabricio Kannenberg
My House Hack Plan in Chicago
17 April 2020 | 9 replies
NOTE: The SST doesnt apply to legal duplexes so if that becomes a concern at a higher price point I would recommend seeking out a duplex with a non-conforming basement or attic unit to maximize your returns.Another alternative that several of my clients with a similar budget and goals have does is to seek out a SFR with in law living setup.
Chris Levarek
Covid19 - The Spark that started the Convenience Revolution?
31 March 2020 | 7 replies
If this indeed is the case, without alternative action taken, it is my opinion, work will shift dramatically to W@H or employment sectors enabling quarantine measures.Furloughed workers from the Hotel, Restaurant and Travel industries will not be able to provide for their families on the 1-2 months of stimulus as I expect this to last longer then 1-2 months.
Joe Carter
My unfortunate situation
2 April 2020 | 88 replies
Did you try to figure out alternative ways to finance the construction?
Sean Dezoysa
Invest nonlocally in Upstate New York, or elsewhere?
1 April 2020 | 9 replies
I've been thinking Cleveland, OH may be worth the extra time in the air.Curious what others are doing and what led to your choice of market.
Michael Kharlab
Investment Property for sale in Indianapolis
1 April 2020 | 8 replies
You're choices aren't mutually exclusive.
Lance Lvovsky
Tax Summary of Coronavirus Relief (CARES ACT)
10 April 2020 | 7 replies
The CARES Act suspends this rule so that net business losses for 2018, 2019 and 2020 can be used without limit.IMMEDIATE REFUND OF CORPORATE AMT CREDITThe TCJA provided that the alternative minimum tax no longer applied to C corporations.Those corporations with AMT credits were given the ability to recover these amounts as tax reductions and refunds over a four-year period (2018-2021.)
Scott Passman
Why are landlords being so singled out?!?
31 March 2020 | 19 replies
One of my favorite quotes applies here:"Easy choices, hard life.