Lucas Musil
Maintenance and Capital Expenditures costs?
I am trying to understand the best way to figure out the most accurate way of calculating costs of maintenance and capital expenditures. I am thinking it could be 2% for one and 15% for another by seeing what conditi...
Bruce C.
Rental Accounting Question
Good morning BP
Im attempting to keep accounting for our first SFH rental. We acquired the property oct 6th and have performed some repairs. The problem im having is the money we leveraged for property purchase and r...
Zach Adams
House Hacking - Can only deduct rented bedroom square footage?
Hi All, I have a house hack which is a duplex. I rent out the lower unit and for the upper unit, I rent 1 of 2 bedrooms. I was told that I could only depreciate 8.6% (square footage percent of the upper unit) and only...
Guy Brown
Schedule E and Multiple Properties
I have 9 rental homes which I have been entering seperately on parts A,B & C of three different pages of Schedule E on my Income Taxes. Expenses which are exclusive to a particular house are listed for that house...
Zach Herbert-Burns
What are reasonable LP terms for a CRE deal?
My question is: What are reasonable terms for an LP in a commercial / multifamily investment that I can draft up and have my CPA and lawyer review? I don't want to come to the table empty handed. In order to fund both...
Account Closed
Cost Segregation Study for SFR's
Hi everyone - are there any economical solutions to cost seg studies for SFR's?Thanks, Jonny
Kimberly C.
Newbie Question - Is there a way to work on a coming soon listing in AirBnb & Vrbo?
I'm jumping head first into STR and have 2 properties under contract. These would be my first STRs (I've only done LTR prior).I'd like to start "working" on the listings in AirBnb and Vrbo without them going live jus...
Steve Sorensen
Seller Financing Examples
I have a seller financing opportunity that I'd like to pursue. I'm looking for some examples of terms that have worked for people:
Any down payment?Interest rate on the loan?Term (years) of the loan?Any other terms I...
Kyle R.
AirBnb Tax Questions
Hi BPI'm finishing up my first year as a vacation short term rental owner. I have a couple of tax questions that I want to familiarize myself with before I send everything to my CPA.I rent my property through VRBO/Hom...
Joe Dice
multi-family capital gain tax in NYC.
Hello,New to the forum, feeling very much like a newb in this whole real estate tax world. Hoping someone can help clarify some information I've gleaned from my accountant. Thanks in advance for any and all help to pi...