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Results (10,000+)
Kye Dawson looking for some advice
22 December 2020 | 4 replies
If you can find one that cash flows as well or better than your last one, then you'll still earn that extra $1000 per month, but you'll have double the appreciation and loan paydown benefit and perhaps take another step closer to itemized deductions that save you on taxes as well.
Joshua Nackenson Dealing with Tenants that Smoke...
2 December 2020 | 5 replies
When the time comes for them to vacate assess it then and deduct from the security if needed. 
Tom Fenoglio CPA & Attorney referreal for out of state investing
3 December 2020 | 8 replies
I don't want the yearly cost of the asset protection to turn good investments into bad investments..3) How can I deduct expenses from taxes?
Owen Mitchell Can a file for Non-Income Tax?
2 December 2020 | 3 replies
Not likely in 2020.You can deduct them as startup expenses, if less than 5000, in 2021 tax return. 
Craig Fogarty Massachusetts Title V on a flip
16 December 2020 | 7 replies
If one has a failed septic, deduct the cost in your offer.
Sam Leon What caused these scars on the toilet seat cover?
4 December 2020 | 18 replies
She is making stuff up so you don’t come back down the line and deduct from her deposit for it. 
Sean Dougherty Buying pre-selected notes to local properties in foreclosure
7 December 2020 | 7 replies
So I would explain to them, I eventually had a form that I would start with the seller’s asking price and then I could deduct prices from there.
Cheryl Whitehead Newbie! Taxes on STR
7 December 2020 | 1 reply
You need to add/subtract the income and deductions within each "bucket" first. 
Zachary Kubacki Pittsburgh PA REI Accounting Questions
6 December 2020 | 4 replies
You normally would use the standard or actual method when writing off a vehicle/miles.It is uncertain how many miles that you would drive for business purposes.Just buying a vehicle in an LLC does not make it 100% deductible.
Andrew Coulter True Tax Advantages of OOS Investing
4 December 2020 | 9 replies
You can also deduct PM fees, repairs and mortgage interest.