Joe Splitrock
What Do I Need To Know About Short Term Rental Taxes
We recently put a property under contract that will be our first short term rental. We have owned long term rentals for a number of years, so we are very familiar with how to track and handle expenses on that type of ...
Bobby Esposito
Experience with Accelerated Depreciation?
Started working with a new firm that takes advantage of accelerated depreciation. Seems like a very interesting concept and was wondering if anyone has any experience with it?Basically depreciating a house over 5 year...
Tim Ivory
Filing Taxes 2018 with LLC (Beginner Question)
Hi, guys! I still need to file taxes for 2018. I also have a new LLC but did not make any money this year. I remember reading that I can simply complete my normal tax form and that will also count toward my single mem...
Alexa Ferguson
Best Tools to Self-Manage STRs Remotely
My husband and I own a few STRs in the Denver area that we self-manage. While we live in the area, our goal is to make these STRs as self-sufficient as possible so that 1) the cash flow they generate becomes increasin...
Paul Ortiz
Schedule's
"Time is Money" or as so they say.If you have not learn then heed theses words of advice learn to set "Schedules".Learning to set construction schedule can help make or break your profits. Learning to recognize what l...
Luis Gonzalez
Becoming a loan signing agent.
I been paying of school loans, credit card debt and saving for my first deal. In doing so I thought it would be a good idea to become a loan signing agent get to get started in real estate, and to also learn the loan ...
Dick M.
Furnace depreciation, where to post
I put in a new furnace this year, I known I list it in part III of my 4562, but then do I combine it with the property on my schedule E or does it get its own column?
Billy Cha
Portland Schedule R? Registering rental property
My wife and I acquired our first rental property this past August 2020. The property is a multiplex and we are currently house hacking. It was tough to take the leap but we have talked about investing for so long we f...
Carlo Rogers
New to REI & Bigger Pockets
Hi all,I am currently cloud solutions specialist at at tech company in New York City. I have spent years studying and immersing myself in real estate investing and have finally created the schedule to pursue it more. ...
Mark Mynhier
Difficult contractor
Question: How do you deal with a contractor who balks at doing repairs that an inspector says are "safety issues" and is weeks behind in the rehab? It would be real easy to be hard nosed, but he is also working on ano...