Hey Eveyone! I’m looking at going into AirBnB/Vacation rentals. I don’t have amazing credit or tons of money to put down. Does anyone have experience in Rental Arbitrage? Are a lot of landlords open to it? Is it a goo...
We've had several evictions over the years and have gotten judgements against the tenants. You can collect on money that is owed by garnishing wages if need be, but you first need to find out where that person works. ...
Hi All, My Wife, @Sarah Stamper is a flipper starting on her second property now. She does all her flips in a single member LLC to keep our taxes nice and simple. I was planning to get her set up with QuickBooks a...
After doing a lot of research and discussions, my brother and I decided to use our current equity to increase our number of doors and enter the multifamily space. Using a lot of work, time and energy, we used 1031 Exc...
How is short term/ AIRBNB rental in Portland/Beaverton Area..
Wondering how many will be taking advantage of the new safe harbor rule? Accountant says need to be in a trade or business and pay SE tax. What is your take?
My business partner and I are structuring our new business here in Michigan. I've listened to the podcast on limiting liability, which was awesome, but I have a couple questions.Is it possible to set up a series LLC ...
Has anyone used the website: REIWired.com? They claim to be a one stop digital place to get video training classes, downloads and real estate content. They also charge $97 per month for the service. Anyone used the...
Hi BP friends we have a small mixed use property and plan to rent out one of the rooms downstairs to a small business owner and use the rest of space for our own business. We still plan to sign a full commercial lease...
Help please in learning how passive losses can offset Cap Gains.
I watched Brandon Hall's great #45 Daily Smart Tax video but my Turbo Tax seems to have a different opinion.
Form 8582 calculates Passive loss Limitat...