This fairly simple change in the tax law created some confusion that I want to clear.
The basic rules for deducting business meals have not changed. The only change is that you get to deduct 100% of it, as opposed to...
Hi, I have a general tax question. I am a long time real estate investor, mostly in my local area. I recently purchased a property out of state in a university city for student rentals. I stress that according to ...
Hello! I know there are a lot of topics on whether to report Airbnb income on schedule e or c but it still seems like a grey area still. Most resources say Schedule E however other resources say that if the average re...
Are you a successful real estate investor in or near Springfield, Illinois?
If so, I'd like to invite you to a FREE meal on me!
My name is Gage, and I'm a newcomer to the vast world of real estate. I've managed ...
Some typical real estate agent and/or business owner meals/entertainment expense tax write-offs are no longer available in 2018. Watch this video for some of the newest tax bill changes....Entertainment Write-off GONE...
Hi All,
Our complex in San Diego had some concrete work done that caused us to have to relocate tenants for 2-3 days. We gave them the option to either provide them with the nightly rate per diem of the rental for th...
Many military members come to Vegas for several weeks to months at a time for exercises and events. What does this mean? They need a place to stay, if not on base, and that my friends, is paid for by the military.What...
1, I just did a flip with a partner. He has an LLC, but I am an individual. The profit will be taxed at my personal tax rate.What's the benefit of having an LLC to do flip? What I think is that the mileage and meals w...
What amenities have you found to provide the most value to your MTR property? Here in Arizona, a private pool draws a majority of MTR tenant interest, but curious if there are different amenities that you have found v...
Hi!I have a great opportunity to purchase, at a discount, a 12 unit property that houses older veterans. The 12 units are made up of 8 motel style units and a 4 bedroom house. The current owner manages the property, p...