Jake Knight
Indianapolis - Best practices (spreadsheets)
On our recent podcast @Tyler Lingle mentioned something really interesting regarding spreadsheets that I had given much thought about until he brought it up. Obviously numbers always matter but it's always important ...
Wayne Solum
Amortized loan aquisition costs for tax return
I'm trying to do my 2015 taxes. I bought my very first two rental properties towards the end of 2015 so I have no previous experience with this. From what I understand, loan origination costs cannot be included in t...
John Underwood
EIDL loan - Use of Funds
Here is what my EIDL documents say and I would like to discuss some points here:Borrower will not sell or transfer any collateral (except normal inventory turnover in the ordinary course ofbusiness) described in the "...
Tony Schober
Low income tenants & evictions/felonies
Those that rent to low income tenants:
If I were to institute a policy of no prior evictions and felonies during the screening process, do you think I would eliminate my entire rental base?
What are your standards w...
Akash Sky
Attempting to get prequal/preapproved - anything to look out for?
I've decided to take the plunge and invest in real estate, and want to do so by house hacking with a duplex.I want to purchase sometime between summer and winter of this year (I hear that the holidays are the best tim...
Shiela Zhao
WCAP - Wise Capital Asset Pricing
So here me out here. Everyone knows about (CAPM), the Capital Asset Pricing Model, from basic finance. Basically the model used for calculating expected return on a real estate property or other financial assets. But ...
Becky Watkins
Refinancing & Depreciation
I refinanced my owner-occupied multifamily rental property last year and now I'm struggling on exactly how to report the closing costs. I have tried researching previous posts and other sources, but I haven't found an...
Ruben Castillo
Looking for Real Estate Agent in Colorado Springs, Co,
Looking to purchase a multifamily home or SHM to househack.
Wendy Vaidic
Corporate Taxes on LLC with S Corp election in Florida?
Hello. We have a single member LLc that elected to be taxed as an S Corp in 2016. While reading through the Florida Corporate tax information I find places it says we do need to file a Florida Corporate Tax Return, ...
Eric Williams
Real vs Personal Property - Cost Seg and Capitalization
Another thing I thought I would mention in regards to cost segs is they generally increase the amount of tangible personal property, which is really anything but real property and intangible property.The definition of...