In general should I reduce next month's rent if I owe a tenant for expenses they incurred or should I write them a check? I am thinking of record keeping and tax implications.
Hey Guys -
Does anyone have any comprehensive Information regarding gift tax ?
For example: if a parent wants to gift the post capital gains proceeds from a family cabin to 2 children ...Short of death, does the g...
I’m a new real estate agent in NorCal with 22k in commissions in my first 3 months.Any recommendations on how to reduce my tax liability at the end of the year? What are some good write-offs?
Hi Guys!Briefly: what options exist for getting tenants set up for making online rent payments?Or, is it still recommended to have tenants mail checks?I have been out of the landlord game for two years now so I was ju...
Does anyone know of reasonable rental property insurance companies for south Louisiana? Since the last hurricanes, the insurance on my rentals has almost tripled which basically eliminated any cash flow on my propert...
I just finished reading this blog post here on BP:https://www.biggerpockets.com/renewsblog/2014/04/2...Point number 3 really caught my eye:Challenge Your Property Tax AssessmentHere is what it says:"I do this on just ...
Hi all,I received a letter today from a firm (Texas Tax Protest) that claims they will negotiate your property taxes down on the owner's behalf. Has anyone dealt with this type of firm before?The cost is $295 and if t...
To all the flippers out there, I was curious if you buy your supplies for the house from the local hardware store or have you ever gone online to get stuff? WOULD you go online ever if you havent? Such as ceiling fan...
Hello all. I am looking to try and cut my material costs further this year by leveraging on-line materials. Curious who else is buying materials on-line and potentially in bulk to save on construction costs. If so ...
Good afternoon everyone,If I plan on buying a house from a friend and he want to sell a the house for 285k. What am I looking at for costs as a VA buyer in Virginia. And what is he looking at paying in closing costs? ...