William C.
Amortization schedule not correct?
Can anyone explain why the numbers are different when I run an amortization schedule through a calculator than it is in real life. For example we borrowed $236k at 4% and a 20 year amort. Any calculator I use shows ...
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....
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...
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...
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...
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 ...
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...