Hi all,
We currently do our own property management for all holdings in-house. We have gotten passed the discovery stage and now would like to expand on that side of the business.
How have you experienced companies ...
Anyone have any tips for establishing an LLC for a rental property, or a Point of contact in Indiana? The property is in northern Indiana, my first deal, and I close next month. I would love to establish an LLC and th...
Ive been spending many hours and cant get a straight answerTrying to buy a duplex in Philadelphia and want to analyze the property the right way.Im looking to put 10 to 15% down @4% rate. What should i use to calcula...
When I find a property in my area that is For Sale By Owner and I'm looking to wholesale it and flip it off to an investor, should I not let the owner know what I'm doing? Will they take it as though I'm a realtor an...
Hello BP,My background is in self storage (operations, development, acquisitions) but it’s been a while since I’ve been on the acquisitions side of things. My experience is at the corporate level so I’m hoping that y...
I can't get a straight answer from my tax advisors-At what amount, $ wise, do you have to amortize vrs expense it out as a same year deduction?I have been using a $600 limit for expensing, anything over that gets lon...
I know that the topic of LLCs for rental properties has been discussed ad nauseam on this forum, and I appreciate the depth of knowledge that is available through the website. I have some very specific questions that ...
Hello,I am looking for sold information on tax deductions for a rental property I currently have (in my profile). This is my first year reporting rent so I don't want to miss any deductions. I was advised the followin...
I keep hearing that while you should be cash flowing positively, you should be showing a loss on taxes for your rentals. I've deducted every repair, interest, tax, insurance, depreciation, etc. that I have put into th...
hi Community,We just moved out of our home (purchased a bit more than 4 years ago). It is in a convenient location that rents well and we would like to keep it as a rental property. I fully intend on educating myself ...