Josh Smith
Schedule E cash expenses?
Hi,
I find myself paying several (good) workers in cash and they won’t give me any receipts or won’t take a check. Many of them don’t speak English very well and are simple folks. Example gardner, handyman, cleaning ...
Account Closed
Schedule E Red Flags
Hi,I looked on my returns this year on my schedule E and on one of my rentals my CPA didn’t put an amount in my utilities section. Would that be a red flag for the IRS for audit? The building is a multi family 6 unit....
Shell W.
Neighbor Scheduled for Auction
Hello BP Family,Today is 3/8/17 and my neighbor is scheduled for auction on 4/4/17. Last week, I mailed her a letter offering assistance and letting her know that I am sorry about her situation. In it, I told that I a...
Garret Chiaramonte
Commercial Loan Amortization Schedules
Hi All,
Is anybody able to direct me in the right direction to a commercial loan calculator in order to calculate P&I on different loan terms and amortization schedules?
Thank You
Robert Shadley
Preventative Maintenance Schedule/Checklist
Hi All,Does anyone have (or can point me to) a yearly preventative maintenance schedule/checklist for my SFR's and Duplex's.. I was going to put one together but figured I would see whats already out there first! Th...
Greg P.
Amortization Schedule Help Please
Hello, the IRA firm I'm working with wants a Amortization Schedule for the private lender I'm working with. The terms are $187k at 12% interest only monthly payment. Does anyone where I could find a nice Amortizatio...
Scott Bartlett
Baseboard Heater Depreciation Schedule?
The life expectancy of electric baseboard heaters is about 10-15 years, but according to the IRS Depreciation schedule, would electric baseboard heaters qualify as a "furnace" and have to be depreciated over 27.5 y...
Vishal Gadhia
Automate Rental Showing Schedule
Hello BP'ersI am looking for suggestions or links to companies who have a website or application that can automate the showings for renters.What I am primarily looking for is1. The perspective renters can fill out a p...
Trish Giassa
Amortization schedule help needed
Hello!
I hold a small mortgage and the borrower just made a payment to principal.
Now I need to update the amortization schedule but have no idea how to do that without changing the payment amount.
Can anyone...
Jack Srimani
8825 vs Schedule E
Hi,
I would like to know under what circumstances does one file for 8825 vx. Schedule E.
Also I just got a schedule E from a seller. However in the tax line of the form there is no entry. The profit is being shown w...