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Results (9666)
Duc Ong 64 unit in Johnson City, TN
2 September 2021 | 0 replies

Investment Info:

Large multi-family (5+ units) commercial investment investment.

Purchase price: $4,000,000

Cash invested: $49,000

Park Place is a 64 unit in Johnson City, TN.

🤝🏻The deal came throu...

Reed Dworski How do you treat court costs paid by tenant on federal tax return
11 April 2016 | 2 replies

I had to file for eviction three times against a tenant last year and paid about $100 in court costs.   The tenant paid me back for the court costs and is now current on rent.  Should I treat the tenant payments as pa...

Rabih El-Khoury Got the funds but unclear about the game plan: advice needed!
9 January 2018 | 0 replies

Hi! I've come to a crossroad figuring out my investment game plan and would like your advice.My goal is to hit $12k in after-tax income by 2026.I can pump ~$60k every year, that's excluding re-investing any cashflow r...

Philippe S. The 2% and 50% Rules
16 March 2016 | 7 replies

It seems impossible to me to find deals that will follow the 2% or 50% rules in the Montreal region.  Is it just me or the numbers should be different in our market ?  What are the rules that work for you?

Herndon Davis Should Your First Primary Home be a Rental/Commercial Property?
25 June 2022 | 0 replies

It's time to dump conventional wisdom, conservative thinking and the status quo when it comes to real estate investing. In this day and age there are multiple methods to buying and investing in real estate. But what...

Herndon Davis Should Your First Primary Home be a Rental/Commercial Property?
25 June 2022 | 0 replies

It's time to dump conventional wisdom, conservative thinking and the status quo when it comes to real estate investing. In this day and age there are multiple methods to buying and investing in real estate. But what...

Bienes Raices Water heater -- depreciate, or treat as a repair?
10 September 2015 | 37 replies

I had a new water heater installed in the rental (before I placed the rental in service, if that matters). Do I have to depreciate the water heater like I would a kitchen appliance, or is it okay to treat it as a repa...

Steven Morris 1099 Main Income - Can I offset it with my rental expenses
8 May 2019 | 4 replies

Can I deduct my rehab expenses from my 1099 wage earned at work, to offset my high income? I make 93$/hr (193K a year) on my 1099 and my wife makes around 95000 a year salary. I also purchased a rental home and I am g...

Mike Cumbie Moving money to another LLC for startup
19 January 2020 | 2 replies

Hello,There are 2 LLC's. The first one does Fix and flips and has some money in an account (we can call it fixnflip LLC) that the members would like to put into another LLC. The other LLC has a different business mode...

Dave Wolfe Question on Taxes for my Rental
1 September 2014 | 5 replies

Hello,I am a new member here as well as a new investor in the real estate business. I was wondering if someone could explain the tax advantages that I get by renting out a property.I have a property that is actually 2...