So I finally did it. For months I have pressed everyone I could find who was doing this stuff to learn as much as possible. I longed to "just hang around" people actually doing it. So that's me now. And I want to welc...
Hi All!We are in the process of building an ADU at our primary residence. In our area in San Diego, it seems like there are ADUs popping up all over the place! However, there are no comps in our area to help gauge the...
Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...
My wife and I have a mmllc for a duplex in iowa. Would my planned buisness trip qualify for tax reasons. We are trying to go to hawaii this coming May for a ten day trip. Would my plan qualify a buisness expence regua...
Hey all! Just last night I took the plunge and posted my very first rental listing. I've spent weeks reading and preparing for the tenant screening process ahead and right off the bat the first response I get is as fo...
Questions for you Tax Pros out there. Will the amount of social security benefits be reduced if an individual receives rental income of let's say 80K a year. Assumptions: Social security is taken before full retire...
I bought my duplex 2 years ago for a excellent deal. The property is a townhouse style duplex with hardwoods throughout, updated kitchens, and 3 bedroom 1.5 baths per unit. Fair market rent is about $1800 per unit and...
Hi all,We have family property that a portion was recently released from the ALR. We're now looking at submitting a subdivision proposal. The neighbours on both sides have recently subdivided and sold off almost all t...
I have a 2b 1b house in bellflower CA. I extended it to a 3b 2b and built a 3b 2b ADU behind it. Now I own a 3b 2b house with an ADU that has 3b 2b. I’m refinancing the house now and my appraiser used comps of a SFH w...
Do you prefer to work with large or small property management companies? Why?