Kevin Durham
Can private school be a business expense?
Hey all, the more I learn the more I realize I know nothing! On my 3rd flip thanks to the help of this site. So, thank you for any reply!My daughter is now attending private school - 7th grade, and to my knowledge, in...
Rodney Dawkins
Pest Control, Who's responsible the landlord or the tenant?
If you have a single family home rented out for a year lease, ideally who is responsible for extermination for waterbugs the tenat or the landlord?
Juan Rodriguez
House Hack Form 8829
Hello everyone,I’ve been lurking the forums for some time and using the search bar to find this but to no avail.
It’s a house hacking tax question.
Anyway, a bit of background on my particular scenario: I bought my ...
Lisa Jessup
HOA out of control
I own a condo in a complex of 20 units that's currently tenant occupied. In the past, I've received some pretty outrageous notices from my HOA; things like "children no longer allowed in the common areas", and telling...
Ramon Olmos
Parents on deed, selling rental
Hello all,
I am thinking of putting my current rental on the market, the mortgage is on my name but I added my parents and sister on the deed. My thought process being, God forbid something happens to me they can av...
Jameson Schwab
Reno area CPA/tax attorneys
Good morning BP Reno,Curious if anyone has leads on a CPA/tax attorney firm in the Reno area familiar with REI and the formations of LLC's. We currently house hack in our primary residence in California, and have a re...
Jason Smith
Termite damage!
Would you make an offer on a duplex with termites listed at 45k with two tenants paying just over 400 a month each? The rest of the house seems sound and has been owned by the same gentleman for more than 13 years. ...
Melissa Reid
Computerized Accounting Class
Hello,I am taking Computerized Accounting Systems. Is it a good idea to take Computerized Accounting so I would know how to balance the books when operating several apartment buildings?
Michael Giuffre
Buying rental property with my father - How to structure?
I'm in the process of buying the first of, hopefully, many rental properties and am financing it as a joint mortgage applicant with my father. As I understand, we can not apply for a mortgage in an LLC's name and aft...
Brenda Kinney
accepting down payment
If you are in escrow, which closes in 5 days, and have accepted a down payment, is it too late to arrange a 1031 exchange in California?This is an inherited property between siblings with 50% ownership each. Does what...