Tyler Suggs
New Property Management Company in MA & TAX HELP
Hello BP Community!My name is Tyler and I am new(ish) to the Bigger Pockets community but have been listening to the podcasts for years. I have worked in the property management field for about 3 years and my partner ...
Tricia O'Brien
Does Property Manager Needs W-9 for tax reporting?
I have rental property income from one single family home. I have always reported the rental income on Schedule E ("Supplemental Income and Loss") form with the IRS and not schedule C because I hold title in my o...
Ali Javid
How did you manage taxes when you started out?
I try to be frugal and dedicated.I read books on the tax benefits of real estate. I then filed my first year with TurboTax and was all of a sudden surprised. A lot of tax deductions didn't apply to me due to my income...
Juanita Vainas
Vacation Rental Management and filing taxes, w9s, 1099s, etc.
I am beginning to managing vacation rentals . Right now, I am assisting (cohost manager), and the owners are filing the various income /hotel motel taxes, and paying me a percentage to manage the property and guests. ...
Ellen Cheng
Tax deductions for mileage when managing property for parents?
Hi, my parents live in California and recently purchased two investment properties in Atlanta, GA. I am taking care of the properties for them (repairs, getting tenants, etc.). My parents are not paying me as a proper...
Jeremy T.
Do I have to pay taxes - property manager / handyman?
One of my tenants is handy with repairs and I have used him to fix issues in units and turn around units to rent-ready. I claim a deduction for the material expenses which I buy at the store, but the labor I just ...
Matt Greenfield
AirBnB Tax Write-offs when using an STR Management Company
Hello,I see there are plenty of other posts with great information regarding tax write-offs and AirBnBs, but I am specifically asking about write-offs in conjunction with using a STR management company. Context: Curre...
Mary Taylor
Property Manager Collecting Rent On House Sold In Tax Sale
I purchased a tax certificate and there is a tenant in the property. The tenant says they pay the property manager monthly rent. The owner who the property that is accessed on the state website has over 50 properties ...
Sergio Altomare
Tax approach for managing our own properties through an LLC
Hi Everyone,
Being that I have pushed the limits on time to do my taxes this year through an accountant, and being that I have been doing my own taxes for a long time, I am making an attempt to handle them ag...
Todd Willhoite
Tax implication of having my LLC manage rental held individually
I am purchasing a rental property in my own name in order to get conventional financing. I have an LLC with rental property in it. It would be easier to keep track of expenses and in renting the property to tenants ...