Carlos Perez
Quickbooks Special Assessment Tracking
Hi, Not sure if the tax forum is the correct section to post this. Its accounting, but eventually about tax.How should Special Assessments be tracked in Quickbooks? And how do I depreciate/tax it?My HOA created a spec...
Corey McKinney
Cashing out stock to invest in real estate? Tax Implications?
Can someone explain the options for cashing out money from an individual stock to then invest it in real estate? My wife was given a lump sum of stock in an individual company (Big corp./low risk) that a family membe...
Travis Campbell
Run rent money through LLC bank account?
Hi all!We just opened a LLC for our rental property. I have a quick question regarding the LLC bank account. Of course this is where I keep the security deposit from my tenants. I use Venmo to collect rent. Do I need ...
Jennifer Hillberg
More LLC questions
Hi -- I need advice. My husband and I currently own 4 rental properties. 2 in Washington State
1 in Idaho
1 in Texas
We also own our own home in Texas where we currently reside. We do move every couple of years as...
Ashley Hadford
Rent or sell my home? Help me decide
Hi all. We bought a townhome in October of 2022, intending to live in it for 3 - 5 years, then rent it out. Unfortunately, we have to move a few hours away in September because of work. If we rent our house out, the t...
Sandy Uhlmann
Structuring Real Estate Option Contracts within a SDIRA/CESA
My son has a CESA with a small (under $3000) amount of money in it that I converted into a self directed account for him. Since the amount is so small, I am struggling to find investments for him. It is not checkboo...
Craig Garrow
Where do you park your free cash?
Hey, everyone! I'm in the process of buying my second property, which would give me 5 apartments total. This would give me roughly $1000/month in cash flow between both properties. I want to keep about $10,000 in cash...
Account Closed
States with the highest/lowest real estate agent commission %
What states have the highest/lowest real estate agent commission values?
Rebecca Sandham
Good real estate attorneys in Baltimore County or Baltimore?
Hi-my husband and I are reluctant landlords and are considering all options regarding our rental property (selling, property management, etc). We are also having problems with our current tenants and recently gave the...
Jared Boundy
capturing missed depreciation when selling an investment property
Hi all. So I am one of those folks who missed taking depreciation on my rental, but it's been 14 years. Now that I'm selling the property, I found this mistake. I'm filing for 3115 to claim the missed depreciation (...