Hi folks,in 2018 I purchased and placed 3 short-term rentals into service -- my first year doing STR. I have filed an extension on my taxes, but want to get them done sooner rather than later. While I have kept good...
Hi All, I do photography as a hobby but also use it to photograph all of my rentals (4 now) I recently bought a new camera, and I was wondering if that can be deducted entirely, part of it, or any of it. I am also pla...
I live in Chicago and I plan on opening my business as a Series LLC. My question would be in which state would it be best to open it and why. Even just a finger point in the right direction will help. Thank you!
Wondering how many will be taking advantage of the new safe harbor rule? Accountant says need to be in a trade or business and pay SE tax. What is your take?
I am a new RE investor that entered the market in late 2018, after thinking about the macro trends in RE and policy, I just want to share some thoughts about where I think the market trends are...PresentThe recent run...
Bonus depreciation is just a special part of the US tax code.
It allows you to take accelerated depreciation on portions of your property depending on when an asset is put into service.
At the time of this writing, ...
So with interest rates sure to rise and inflation well on the way, what’s your strategy? Pay down loans? Save up for the next drop? Just curious.
Personally I’ve tried to lock in interest rates as much as possibly a...
For the 13th
consecutive month, Arizona has had positive median purchase prices and rent prices go up with a 14th month trending in the same direction. The Average Median Purchase Price for a SFH is now $445,000! And...
Hey Everyone,
Apologies if I'm bringing up a subject that has been answered, but I couldn't find anything particular in the forum about this.
I've got a large single family portfolio in Florida and haven't taken a...
I know there are a couple custodians here on BP - sorry, for the life of me I can't find any of you guys but I know i've seen some of you here and I have a question that I'm sure you could answer:Did the JOBS act make...