Raj Vajir
what to do when you don't hear back from agent after putting an offer?
I recently put an offer for a house that needed some work through an agent. They were asking $93K but I offered $80. Current owners want to move out to build another bigger house. How can I know if he actually subm...
Tylyn Corona
Claim rent as income or save it all for future investments?
I am thinking of getting a roommate while this COVID calms down. Do I claim rent as income and pay taxes on it? If so, how do I do that?Do I save it all for future investments? What are your thoughts professionally?
Lauryn Meadows
My CPA Doesn’t find benefit in Real Estate Professional Status
Question for my Investher CPAs.
My husband works full time in our real estate business, I believe he should have no problem qualifying for real estate professional status.
I work at W2 and have a 1099. We also fli...
Ellie Hanson
Inspection report is requiring licensed contractors
Hi,We just received the inspection report back on a flip we're selling and the buyers have written into the contract that all work must be performed by licensed and bonded contractors. Even for something as small as p...
Justin Fox
Claiming loss on 2016 taxes due to flood damage..
I want to run this person's advertisement on a local facebook page by some experienced tax professionals:"If you know any home owners who had hurricane and flood damage, let them know there is a special tax deduction ...
Scott Mason
How to vet property management companies
Hello all, I just bought a 4 unit and am in the process of buying a few single family homes. I work full time and am strongly considering engaging with a property management company. I haven't even begun to connect wi...
Jamie Banks
September 2023 - January 2024 MTR Stats
I've been keeping track of the B2B (business to business) leads that my company has received over the last few months and thought it would be a good idea to share. The graph describes the number of leads received in o...
Neil G.
Agent Incentive 4 Referring Clients 2 Particular Lender, Escrower
Since i'm more often an investor than a selling/buying agent haven't given much thought to which one to recommend. Obviously first and foremost based on experience but sometimes they're not local anyways. So how does ...
Gary Noto
Rental Income for Solo Roth 401K Contribution?
Hello!I am in the process of qualifying rental income I received as eligible for contribution to a Solo Roth 401K
I manage rental of 3 apartment units I own. I have no other activity that I dedicate for making inco...
Eli C.
1099INT for private loans
I have a number of private loans to me. I am paying interest on these loans, but since they are private individuals they wont be submitting 1099INTs to me.
How do others deal with this?