I have renovated rental properties but haven't done an actual flip before. I have a GC in mind if the right opportunity arises, but I'm curious how experienced flippers work out payment. Do you pay the GC for the work...
I've sort of got this question floating out on another thread, but I want to directly ask:As a landlord with 3 rental properties I maintain a dedicated home office. This is the first year I will be claiming the deduc...
I received 2012 Schedule E. Shows gross income of $62k but after expenses, $33k. The prospective tenant uses a vehicle for his job so has $20k alone in vehicle expenses.
The person didn't include a depreciation sch...
I have a basement to gut and remodel . Contract signed , permits in hand and right on schedule . Called the customer to tell him we would be there this morning ( right on schedule) . He tells me he has been busy and ...
If I don't have a job income but have income from my rental homes. Would I still be able to do taxes? Or would I have to get a business ID in order to claim taxes if I want to do rentals full time and not work anymore...
hello-I'm considering my first 4 unit fixer. When considering who should do what on the project. Should I have a general contractor do everything from A-Z or have them only do interior/exterior work and have specialis...
Background:
I've been hosting in St. Paul, MN since 2015. Current listings include two SFs, 4 apartments, and managing 4 properties for clients. I enjoy just about everything about the business, minus the scheduling/...
I would like to emphasize this first and foremost: I am not asking for a job. I am not asking for any kind of monetary compensation. I want to find an experienced Investor who could use someone like me to work for t...
Hello BP!I am hoping for a bit more in-depth info on what a Real Estate schedule A offering is? I assume it’s an opportunity put forth to invest in a fund that will then locate and acquire cashflowing apartments. Howe...
Hi all. I love love being an agent and Property Manager but some days I feel like it consumes me. While I am not feeling burned out, I could see that if I do not make some realistic schedules, I soon will be. So her...