I bought and rehabbed a house, planning to hold as a rental. I have since decided to sell. I have an option to sell on a land contract and I am trying to figure out the tax implications. From what I understand, I will...
Can you share what apps do you recommend / their fees for the following please? don't have to have all the functions just wanted to know what will be recommended. thank you 1. rent collections; 2. late fee handling;...
So I just met with my accountant and according to him I made $11,000. in income off 2 properties full year and 1 for 3 months of 2016. After interest, taxes, insurance and depreciation, I am still showing $6,000. I ...
I am in the middle of an introductory class to bookkeeping and highly considering taking the full class to become a professional bookkeeper. Do many real estate users use them? Would anyone be willing to teach me how ...
I have commercial property that I currently owe $141,000 through a SBA-HEDCO loan at 4.25%. The tenant of this property is a brick and mortar retail business I own and the current market value of the property is app...
I purchased my first duplex and have kept the tenants on MTM to see how they do. I just received the appraisal for 2024 and the assessed value will increase $28K, increasing my taxes $600 if the tax rate doesn't incre...
Hey, guys! I've got a little capital that I want to invest, and have read a lot about investing in tax lien certificates. What's the absolute best way for a total newbie to get started? Thanks!!
Hi everyone,I have a few questions around material participation for an STR:1) Activities that count: does anyone have a list of things we know for sure count (eg based on court cases?) Do home improvement activities ...
5 Tax Mitigation Strategies Every Real Estate Investor Should Know
As a real estate investor, every dollar you save in taxes is another dollar you can reinvest into growing your portfolio. Yet, many investors overloo...
I'm a broker and property manager in Sacramento with 100+ Airbnb properties in my portfolio. Today I had a new situation and obviously can't advise on tax/legal matters, but hoping to get some insight from the communi...