Hi, in 2018 I moved some of my properties under my personal name to a single member LLC in the middle of the year. Should I be reporting rental income & expenses separately during the two time periods, (before and...
We've been landlords for almost 7 years and never had any problems with letting the tenant schedule repairs with the person of our choosing for their own convenience, then the contractor just sends us the bill. This ...
What's up STR gurus!? Does anyone know of a reliable company/person that handles the management of an Airbnb? Such as adding listings, messaging guests, and updating availability? I have tried Evolve but they seem to ...
My wife and I have been involved with real estate since 2005. We acquired 3 rental properties by the time I was 26 years. We had two amazing kids over the years. Fast forward to 2012 my wife was diagnosed with breast ...
In what ways do contractors take advantage of new investors wholesaling or flipping and how can we avoid this treatment?
I am meeting with a few contractors this week, I am trying to find one that I can trust to do complete rehab work on rental properties and flips. How do most of you work out your compensation agreement with the contra...
You know that pigs gets fat while hogs get slaughtered. The Tax Court once again illustrated this cliché in its recent decision in the Harrison v. Commissioner case (T.C. Summary Opinion 2022-6).
Nicole Harrison was ...
So I've been hiring contractors for the first 7 rehabs I've done, and I've learned a lot about the construction process. A carpenter who does work for a contractor I recently parted ways with recently gave me a call a...
Hi, i'm new to forum and searched this topic to no avail
I am completing my first kids FAFSA for college student Aid. They allow asset exclusion for farms and small businesses. They say if you have rental property...
What are the biggest red flags to look out for in a contractor and how can I detect them before it’s too late?