I was looking into setting up flood insurance for my properties and apparently they do not provide 'Building only' insurances - at least that is what my agent tells me.Do you know if there is a way to get insurance on...
I know most here deal with all kinds of stress in our lives, so I had to share this funny story.
Last night I was taking to a potential private money lender, a sweet old widow, and she was finally at the poin...
I have several rental properties but have never formed an LLC. With the new tax law coming I keep hearing about the pass through income for LLCs. I am wondering how I am currently taxed on the profits I make from my...
Real estate is one of the most tax-advantaged investment strategies out there.
Real estate pros buy property using leverage and bonus depreciate to perpetually defer taxes.
Making millions a year and often paying ...
Currently only own a Duplex.Hello, what is a good program to use for tracking Income and Expenses for tax purposes?Also where can I set up an online payment method?Would prefer lowest cost with a quality product.
Hey BP -Thank God we have people in this community who eat, sleep and breathe taxes, because this stuff is going way over my head. Couple quick questions regarding being a small time landlord, the new tax plan (TCJA) ...
Hoping to gather some opinions. For SFH's that are LTR's (home values approx. $280k with land value backed out) what are the advantages and disadvantages to conducting a cost segregation study when bonus depreciation ...
Hey everyone!
Is there any diff / benefit in single family vs multi family as it pertains to cost segregation? I know the study may be more costly on multi family which is fine.
I’m looking to buy either and accel...
Are you an investor in an RV Park? RV Parks have been booming since COVID in 2020. Studies have shown that as many as three out of every five travelers are considering an RV trip for their next adventure. If you are...
Hi folks,in 2018 I purchased and placed 3 short-term rentals into service -- my first year doing STR. I have filed an extension on my taxes, but want to get them done sooner rather than later. While I have kept good...