Michael Plaks
Tax reform Q&A Thread 3 - Itemized and business deductions
Colleagues and friends,The original GOP reform thread started by @Brandon Hall is well over 200 posts by now. This is one of the follow-up threads specifically for discussion of personal itemized (Schedule A) deductio...
CJ M.
How to release a Mechanic's Lien?
Long story short, I tested a new contractor on a rehab. The project had massive scope creep so it was difficult to pin him down on a final price when he was in the middle of working. Anyway, he recently sent me his fi...
Gregory DeRosso
[Calc Review] BRRRR v Buy & Hold Rental - Why drastic difference?
View report*This link comes directly from our calculators, based on information input by the member who posted. (BRRRR)View report*This link comes directly from our calculators, based on information i...
Nathan Gesner
Sponsoring a charity with my business
I'm purchasing a property and allowing a charitable organization to use part of the property as a food bank and distribution facility. I would also like my company (American West Realty) to sponsor the organization. I...
Steven Anderson
Lot purchased to build personal residence but later sold
In 2016 we bought a lot to build our personal residence. In 2017, we decided to build elsewhere and bought a different lot. We now have a contract to sell the original lot and it will close in January 2018 for 34% mo...
Robert Davis
Notice to quit
Hi all,I have a tenant that continues to get worse and worse with rent payments. Their communication is painful and they refuse to pick up the phone. I have been extremely patient but we are moving in the wrong direct...
Account Closed
question about who owns and controls deposit bank account
Hi, have just purchased a 60 SFR portfolio.my question is:Do I allow prop management company to open and control bank account for deposits that I draw from(and they also have draw access) or do I open my own account a...
Zack Hawkins
Spec House ( Taxes: LLC vs. Individual)
We are going to be buying property and building a spec home shortly and need to understand the pros and cons of doing this deal through an LLC vs. as individuals, from a tax perspective. Is there a difference?
I alre...
Matthew Sutton
Contractor compensation tips
As a rookie investor I'm a little nervous about getting taken to the cleaners by a contractor that is dishonest. Any tips y'all have learned to avoid paying up front to a contractor?
Joel Robles
[Calc Review] Help me analyze this deal - Newbie/Rookie Investor
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*This link comes directly from our calculators, based on information input by the member who posted.