Hello All:
Here is the story. I just go informed by our tenant that she didn't make enough money to cover the month of December. She is requesting to use the Last Month Deposit as payment for December.
There is no m...
Helping LA Communities Rebuild After WildfiresWhen Hurricane Ian hit Fort Myers Beach in 2022, it changed our lives forever. The road to recovery is long, messy, and full of setbacks—but it also taught us something im...
I've always filed my own taxes, with TurboTax. Given the simplicity of my income sources and lack of deductions, this was an easy and less expensive way to handle it. I now have 2 investment properties that I purcha...
I hired a chartered accountant three weeks ago to help me with my taxes due to a 1031 exchange. The taxes were supposed to be done three weeks ago. I had to point out to him that the settlement statements would be nee...
Good afternoon all! I am thankful for the wealth of knowledge that you all provide and this network. I have found myself having difficulty making REOs simply because of commitments with the kids and time crunching. An...
Let's say you do a cost segregation study on a short term rental and with bonus depreciation you have a loss of $100,000. Does that roll over as a credit for future income or do the IRS actually send you a check?
How do I improve my credit score in 4months to purchase a home
Hey everyone, I have a prospective rehab project that is eligible for historical tax credits. Is anyone familiar with these? Or, does anyone know any experts? I would hate to throw an opportunity away just because I a...
What is a good credit score threshold which you can say safely meets the minimum requirements of most HELOC lenders?
I am trying to decide whether to use my tax refund to pay off some more debt before applying, or u...
Hello all,Purchased a house hack duplex this year and am in the process of doing my taxes (with a CPA) for 2021.We are living on one half and the 2nd half has tenants renting it.Trying to clarify/get 2nd opinion on a ...