Andrew J Palmer
Write offs? First time with Real Estate
25 February 2020 | 3 replies
@Andrew J PalmerSee if your tax return includes Schedule E and if yes, whether you also have Form 8582 that shows "unallowed losses."
Timothy E Sullivan
Is the rental market in Lansing over saturated?
2 March 2020 | 5 replies
@Timothy E Sullivan the short of the long is no the rental market is not saturated in the Lansing area.
Huy Pham
Multifamilies rental contract
24 February 2020 | 3 replies
Some states do not accept e-signatures so thats something to check.
Maria D'Aura
a what if 1031 scenerio
26 February 2020 | 7 replies
So that's a pretty awesome parting gift from you to them.And in the meantime you can either refi like @Bob E. was saying.
Sue Gyure
Cost basis versus expenses on short term flip
22 February 2020 | 2 replies
You need to follow what the tax law says about the treatment of what you expense against the rental on schedule E vs. what you capitalize and gets netted into your ST gain on this sale.
Jay Clegg
Seller wants to sell without agent
29 February 2020 | 9 replies
I feel like she's the road runner and you're Wile E.
Richard Audet
BRRR Refinance script
23 February 2020 | 10 replies
For a new bank that I had never dealt with before - they required Two years of taxes including schedule E’s, rent rolls for all properties , 3 months of bank statements as they want to make sure you have the cash to cover N number of months payments, and personal financial statement.