Hi. I am new here and would really appreciate some help.
I switched my home into a rental mid year. I had to do bunch of renovations in order to rent it, such as redoing a whole shower that wasn't functional plus so...
Hi, my property manager does not have a license (but is in the process of getting it). What risks do I have as a landlord for both my long term and short term rentals?
I have several Rental Properties owned by my wife and I, we manage by ourselves, so we have positive Rental Income on Schedule E. but negative Income on Schedule C, can I put $3000 Property Management Fees as expense ...
Hello I just have a question I ant seem to find the answer to. Can an agent with a fulltime job that is currently providing a way of living in another non related industry have any tax breaks from his realtor business...
I am thinking of weather operating my llc that I am about to form as owned by just me or include my wife as partner. Which one would be more rewarding for tax purposes.
What I know so far is if I am the only member I...
🙌🙌Another fantastic event last night at REI Unleashed , on the techniques people must learn in this changed real estate market.🏦With rates between 6 and 12%, prices have fallen on almost every deal, residential, multi...
I’m currently active duty and want to get into real estate but my current schedule is pretty hectic and I would like to minimize the time I dedicate to a property (for the time being). Does anyone have any tips or rec...
Greetings everyone,
I am truly grateful to be in your midst today, and I am filled with a deep sense of appreciation. I am here with an eagerness to expand my knowledge on the subject of real estate investing, and I ...
Heyo,I'm new to BP and just bought my first home. I decided to start home hacking and renting out my walkout basement. I have very good internet and thought it would be nice to offer "free wifi" but not sure of the da...
I have a long term rental (SFR) which I converted to an Airbnb in October 2019. My property manager is acting as the host and we have already had multiple bookings.
Questions:
1. Is the Airbnb considered "Active" ...