Where's the BP Pandemic life value spreadsheet that feeds into the rental property calculator? :(Doing these kinds of calculations just feels depressing.$200k Ford Pinto Value of a human life 1972 (1)$10M EPA Value of...
There are hundreds of topics on this forum regarding tax strategy for LLC. When I talked to my CPA, they explained if I will classify my company with IRS as S Corp, then I will be avoiding paying self-employment t...
Obviously, this is a knock-off of another recent post which asked what you would do if you got rich in real estate. The question I'm asking is how would you know that you were rich? Would you just wake up one day an...
With the specter of a US default growing over this debt ceiling issue, how do you think all this is going to work out? Republicans are firmly against tax increases and want steep spending cuts, but Democrats want tax ...
Hello
I own a few rental properties in B and C class neighborhoods. I've purchased the properties at low price points so they have minimal debt service. My dilemma is that a good number of them are section 8 renta...
I have been asking for photo ID, it's written in House Rules, listing, everywhere... and when they refuse, I let them cancel within 24 hours with no penalty.In a recent case, the guest complained to Airbnb, who backed...
Hi all,
I'm a newer investor looking to potentially invest in long term rentals. I was initially hesitant about rentals because of covid when landlords suffered due to non paying tenants they couldnt evict....However...
I spoke with my attorney this afternoon, and he told me that Illinois is about the pass laws that will "crack down" on self directed IRAs and require private lenders to be certified. Has anyone else heard about this?
What does it mean to put a home under contract? It seems like it would be simple to understand but I always end up confusing myself because how could you wholesale a deal to someone if you have the contract in your na...
Does anybody have any tips on how to successfully appeal property taxes? We bought a property that we feel is assessed by the our local government too high. Our strongest case is that our bank appraisal says it should...