Simon Martinez
Mileage deduction average per year for rentals
So I have 12000 miles that I kept track of for going on trips to the store/to see tenants/ ect for this tax year of 2018.My concern is is that too many miles that could trigger a audit? I have 9 rental properties that...
Anna Batchelor
How is VT STR income tax calculated?
I’m looking for some help understanding how my income from a VT STR is going to be calculated. I’m anticipating a 30k gross and 10k net income after expenses. Does the gross or net income get taxed? Since I’m only MAK...
Jeff Montanya
New Member Intro:Dallas Texas
Howdy Ya'llI'm from Forney, Texas which is a 20 miles east of Dallas.I'm in the Land Surveying Business, I've been involved in surveying for about 15 years. I have a degree in GIS. I want to use GIS to help analyze tr...
Ellie Narie
How do you "define" primary residence for FHA purposes?
Could you live in an FHA property for 6 months and 1 day and still have it count as your primary residence? As in, spend 6 months and 1 day sleeping at the property, and the other time of the year not sleeping there, ...
Lloyd Segal
Economic Update (January 4-9, 2021)
Economic Update(Monday, January 4, 2021)Welcome 2021! We’re so happy you’re finally here. For all of us, there is now light at the end of this tunnel. If someone would have told you what was in store of ...
Jeff Rabinowitz
How long do you keep your rental records?
I finally broke down and attended to some filing. I have several file cabinets, however; since I have been a landlord for ~15 years I have a lot of paper and the cabinets are full to bulging. I have thinned these re...
Nick Scannell
House Hacking First Duplex - Should I set up a separate bank account now?
TL/DR - I bought a 3.5 down FHA Duplex, I'll be living in one side and renting out the other. I still need to pay towards the mortgage, but I'm saving money compared to renting. Do folks recommend: 1. Just deposit ren...
Josh Sidhu
How Accurately is Inflation Being Reported?
An interesting read: https://www.biggerpockets.com/blog/federal-reserve-to-lower-rates-six-times-says-ing-economics?utm_source=Iterable&utm_medium=email&utm_campaign=Newsletter%20%7C%2012/07/23
I’ve seen a fe...
Miles Gastil
Locating Property Owner Addresses, Boise ID
Hello all, I'm looking to find an off-market deal through driving for dollars. I've recorded a few (in the Bosie, ID area) that I would like to reach out to via direct mail. I've gone to the ADA County Assessor websit...
Israel Leon
How can I check criminal background (including checking for evictions and previous lawsuits they've filed) on potential tenants? Any good website?
How can I check the criminal background (including checking for evictions and previous lawsuits they've filed) on potential tenants? Any good website?