M Marie M.
DC OTR allowing for payment of 2018 taxes bc of new tax plan
This probably only applies to DC house hackers, people whose itemized taxes are sorta simple, AND whose property tax totals more than $10K a year. I just got a couple of emails from my ANC and others about the DC Offi...
Matt McMacken
LLC self sufficient to bank?
As some of you already know theres many wonderful advantages of owning real estate come tax time. For example, I’m able to show a rather small profit on each rentals due to depreciation and other expenses even though ...
Lauren H.
Beware Springs VRBO and AIRBNB owners and managers!
Attention Colorado Springs VRBO and AIRBNB managers, owners and operators:On Tuesday, October 23, 2018 Colorado Springs City Council unanimously approved a new licensing requirement for the operation of short term ren...
Henry Clark
Self storage- Valuation and Buy/Sell concepts
At different times I have noted individuals looking for "that" template. Take the following concepts and adapt to your needs. Remember the next person, always makes it better.Please take the attached as a template a...
Dan Edwards
Big Bear Lake Airbnb Breakeven Numbers?
Hi Everyone- relatively new Bigger Pockets member here. I am considering purchasing in Big Bear Lake to use as a vacation property 3-4x per year (I live in LA) and to Air BNB the rest of the time. I am currently looki...
Mary Jay
Landlord's taxes in Florida
Hi guys,those who live in Florida or have rentals in Florida.When you do you taxes, do you file with the Florida Revenue Department?For example, I lived in the past in Arizona, so when I do my taxes I print 2 copies, ...
Dennis Cosgrave
How Will California's Proposed Wealth Tax Affect You?
AB 2088 establishes a first-in-the-nation net worth tax, setting a 0.4% tax rate on all net worth above $30 million. If successful, Illinois, New York, New Jersey and Connecticut are likely to follow suit. How will th...
Michael Watts
Alabama new tax lien auctions
After purchasing and hold a tax lien certificate for 3 years and paying the following years taxes of the 3 years. Will it be like turning in a tax sale certificate to the revenue office after 3 years , paying I think...
AP Horvath
Valuation on CRE as cash business without tax returns?
When you are looking at a Mom & Pop deal like self-storage or self-service carwash -- and the seller absolutely refuses to provide financial statements or tax returns -- because they have been running this as a ca...
Account Closed
North Carolina Sales and Use Tax for Landlords - New Rules
House Bill 1050 (S.L. 2014-3), signed into law May 29, 2014 by Governor McCrory, provides that the gross receipts derived from the rental of a private residence, cottage, or similar accommodation listed with a real es...