Dylan Ellerbee
Rehab Timeline or Schedule
Hi All,
We have been rehabbing for 7 years. Our work is high quality but our timelines and schedules are not high tech at all. I have searched all over the site but cant find a good template or tool for mapping out...
Matt Moldenhauer
Schedule E worksheet question
I have a Schedule E Excel spreadsheet I started using to track all expenses as well as help out at time time. It has all of the categories from the IRS form. My questions is, when you're looking at your mortgage state...
Ankit Agarwal
Commissions on Schedule E
Are commissions on Schedule E of the tax return considered as non-recurring property expense? The commission was for placement of a new tenant at the start of the lease. I would need to know this in order to calculate...
Mike V.
Schedule E or A?
May seem like a dumb question but I am an out of state investor and purchased 2 investment properties at the end of 2022. Both have not been put into service in 2022 but have underwent repairs in 2022 into 2023.
-Ca...
Greg Todrank
Closing Schedule / Property Visit
BP:I'm closing on my first duplex on Monday. It is located about 8 hours from here, so heading up for a 2 day visit where I have to cram in a bunch of tasks.CloseMeet with PMSee 4 possible other projectsVisit with co...
Alan Ponzetto
Travel expense schedule C
I own a condo for total business nightly rental. No personal use. Schedule C. Can I use mileage travel expense to do business at the property? I am confused because schedule C instructions State your business is your...
Jimmy Epolito
Contractor Payment Schedule Question
Hello Gang, I am closing on my first flip in Columbus Ga this Friday and I need to put together a contract for the GC who is overseeing the project. I am wanting advice on percentages to pay upfront and during the pro...
Nicholas Alcover
Scheduling the home inspection
Hi guys. I'm purchasing a new build home and got a great rate lock that is expiring on 5/01. The home is almost complete, but the seller and the builder have not given me an exact closing date. I want to schedule a...
Carol Lyons
Schedule E & C
Hi BP Members,I currently own a multi-family and I am claiming my direct expenses using the Schedule E for repairs, depreciation, etc. However, I need to keep my expense low on the Schedule E for bank purposes; I am h...
Jash Sayani
Schedule E Basics Questions
Hello,This is my first time filing a Schedule E (Real Estate income) and had some basic questions.1. I have a Townhome, what property type is this (1.b. on form)? SFR / MFR?2. My property manager gave me a 1099-MISC ...