Chad Hurin
Can local REIA travel & dinner expenses be deducted
Hi BP,So I was entering my miles in to Quicken and love seeing the deductions add up. I was thinking, I go to these local REIA meetings and often times I'm required to buy a meal (a deal the restaurant/venue worked ou...
Brandon Turner
Lease Options - Who Pays For Big Repairs?
Hey Fellas and Ladies,
I'm working on an article about lease options and I'm not the pro at these, so I'm wondering:
If you do a lease option on a property, and the furnace goes out, there is...
Rachel H.
Reimburse Tenant for Furniture Anchors?
I have a tenant in Portland, OR in a house that needs the carpet restretched. During restretching, we may need to move some of the tenant’s furniture, though we will work around it if we can. This tenant has a 9-month...
Jon Fletcher
Broker License But No MLS Agent Code
I obtained my broker license and have successfully represented Buyers on five transactions without joining an MLS. Each time, the Seller's Agent asks for an MLS Agent Code, and I just tell them that I don't have one. ...
John Gillick
"Individual" expenses in a 50/50 LLC
Tax question. If you and a friend have a 50/50 LLC and you drive say 10 miles to check on the venture, is that $5.80 mileage expense:
a. an expense put on just your K-1?
b. an expense put on the LLC's tax form (882...
Chris McHaney
EIDL Use of Funds and Real Need?
We have been approved for the EIDL loan, but after taking a look at all of the requirements for use of funds, I can't see how it's advisable for landlords to take this loan, unless you are truly in need, hence the ter...
Isaac Isaacson
1031 Experts - What is Boot and what isn't? Appraisals, Inspection, Surveys, Insurance, RE Tax, Etc?
In the middle of my first 1031. Of course my 1031 exchanger referred to their attorneys when I asked these questions. Yes, I will of course ask my tax professional as well. I am just curious to hear what other 1031...
Eric Sonntag
walkthrough checklist form
is there a checklist form available for a first walkthrough a potential purchase?
Logan Hassinger
Dallas Fort Worth Multi-Family Valuation Expierment
The purpose of this post is to see the difference in valuations from one investor to another. My thoughts on the DFW MLS listed properties is that a majority of the sellers are very unrealistic with list price and ar...
Amir Kabiri
Disadvantages to Getting a License
I have heard some of the advantages to getting a license (e.g. access to MLS, saving on commission costs, access to viewing more properties, etc.) but I was curious: as an investor, what are some of the disadvantages ...