Jevonte Blackwell
Strategy To Investing before the Olympics
I visit Cali multiple times a year in the fall and winter. I’m seeking help on creating a strategy to purchase property near the Los Angeles/Inglewood area up to 2 hours outside these cities. The goal is to buy a prop...
Kent Harris
Owner Financing on Single Family Homes
I've purchased 15 rental properties in the last 3 years and want to sell off all my 4 bedrooms since for the most part they have been problematic. In the Houston area the rent rates have gone down 15% since last year....
Jon Fletcher
Broker License But No MLS Agent Code
I obtained my broker license and have successfully represented Buyers on five transactions without joining an MLS. Each time, the Seller's Agent asks for an MLS Agent Code, and I just tell them that I don't have one. ...
Ashley Rothacker
More Complex Tax Deductions for Airbnb Income
Hello! Wanted to discuss the more complex tax deductions for short term rentals/Airbnbs. The two STRs I own are 100% exclusively used as STRs. I'm familiar with all the basic deductions i.e. cleaning fees, utilities, ...
Jennifer W.
Depreciation on primary home when only renting out a portion as STR for 3 months
I am working with an EA to handle my 2022 taxes. I rented out the upper portion of my primary home as an STR for 3 months in 2022. I would like to write off some improvements made to this area of the home to get it re...
Princeton Brooks
Advice Needed for First Investment
In my current situation, I'm wondering what I should do. There is a lot of talk about being at the height of the market and a downturn looming. I currently live in Los Angeles, CA with my wife and our 11 month old c...
Julie Fullmer
Question for CPA; Capital Gains, lump sum or payments?
My Mom and her husband are selling a property they lived in for the last decade or so. This money is their retirement. Sales price of about $259K The buyers want to pay 100K down then make payments for 5 years with a...
Rich Hupper
Foreclosure and Medicaid
The subject of medicaid and real estate continues to elude me. I have yet come across another deal where the decision maker is in the nursing home and someone wants to buy her house. To complicate the matter, her hous...
Jackson Mayer
Pay other State's Income Taxes on STR that I manage, not own?`
Good morning! We own a small business in Florida where we manage 25 doors for STR. We are looking to expand into some other states that have state income tax, but not exactly sure what that looks like for state taxes....
Ernie Be
Combining businesses for a name
To make a long story short my stepdad and I started a home improvement/property service business in the early 2000s. We eventually still did property services but he took care of some services while I took care of oth...