John Newburg
I bought a house, business expense?
So I do day trading at home - it uses to be an apartment but it was a good year and I bought a house outright.Can I deduct the space I utilize in my home as a business expense on next year's taxes?Also do I need a bus...
Daniel Han
rental income quetsion
Just starting out with real estate investing and I haven't talked to the CPA yet.Let's say you have a day job that pays well, $200k/year.If you acquire 2 rental propertiesproperty 1rental income - expenses - mortgage ...
David Baye
Looking at Calgary and Lethbridge for rental units
First time dipping my toe into the rental market. Does anybody have any experience in these markets? Any thoughts, advice and feedback is appreciated.David
Ryan Wilkinson
Does Physical Fitness Effect Your Mindset?
There are a ton of great ideas on "How To" do whatever needs to be done here on BP, but are there things each of us can do that don't require advice? Is there a natural force that will help you become happier with yo...
Kimberly T.
How to verify income with military applicant?
I have received an application from a prospective tenant who is with the Army, but he did not provide any contact info for me to verify his employment/income. I will request that information, but due to my lack of exp...
Greg San Martin
14-30 Day Actively Managed STR Possible for W2 Earner?
I own a triplex and currently occupy one of the units (I may move out). I have a sophisticated W2 from a full time job (not at home). I would like to offer actively managed STRs for a year or two until the end of bo...
Ken Latchers
Its that Taxing time of year.
As its that time of year (in the USA at least), i found this (among many) good summary about when you have to pay self employment tax or not. Generally if you average 7 or fewer nights or 8-30 nights and provide "subs...
Marcus Gaethke
Tenant violating lease but pays rent on time (Kenosha, WI)
Hello all - Thanks in advance,I have a tenant that moved in in September and I made the rookie mistake of looking past some red flags that occurred right before move in (I know, foolish). Now this tenant is allowing ...
Yong Jin Lee
?: Tax Deduction on people who are on W2 and do the rental property Investing
Hello! My wife and I are both W2 employees. We are carefully looking into starting rental property investing. However, one of our objectives is to reduce the tax burden we face on our W2 income. However, a local real ...
Vasanth Waran
Real estate tax breaks
Hellolet me first briefly introduce myself - i am a San Diego resident with a couple of properties in the Phoenix area. I would consider myself a newbie investor and still learning the ropes of the RE game. I just fil...