Tommy Cheng
Schedule C or E for Short Term Rental Taxes?
Hello BP Family,I've read so much on whether to file our STR as Schedule C or Schedule E when filing for 2022. This is what I gather:Schedule E = Passive, No 15% self employment tax, No passive loss tax benefitsSchedu...
Chris Duffy
Boots on the ground in Florida - feedback on business plan
Hello all,
I was hoping to get some feedback on my business plan/value propositions for a business I recently started.
I've been getting mentored by a CCIM instructor who has syndicated, JV'd, etc. but is a big pr...
Michael Hardler
HH Taxes: 1040 E or 1040 C?
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
Mauricio Hernández
Short sale pocket listing. Fraud?
Hi I am new to this site and I'm in need of advice. I have been contacted by an agent letting me know of two of her shortsale listing that she guarantee the owners will take my offer. I went to see the houses and s...
Ashley Rothacker
Schedule C for Airbnb Income
Hello! I know there are a lot of topics on whether to report Airbnb income on schedule e or c but it still seems like a grey area still. Most resources say Schedule E however other resources say that if the average re...
Jim Young
One tenant threatened another with violence - what should I do?
I rent a townhouse to three adult college students on three individual leases co-signed by their parents. I got a call from tenant A's father who said that tenant B threatened tenant C. He went on to say that tenant...
Jonathan Orr
Single Family Home Development Underwriting
Hello! I am trying to track down a excel underwriting to is focused on the purchase of land and then the development of single family/town homes/condos. I have several multi-family underwriting, however they focus on...
Grant Anderson
Investor wants to Invest
Hi Everyone,A family member wants to invest money with me on a flip property. The only thing is he has only cash to invest, he does not trust banks. Is there anything I have to worry about if accepting cash? It will b...
Abraham Chacko
SDIRA - Operational Details and Costs.
I have been able to get adequate information on how to set up a SDIRA LLC and costs involved. However, what are the Federal and state l filings and operational considerations that need to be made each year? Also what ...
Robert Orrigoni
SUBJECT TO IN UTAH STATE
"SUBJECT TO" IN UTAH STATE from the Sellers and Buyers perspective. I am looking for the Contracts involved in this transactions, REPC, etc. etc. etc. I'll appreciate if someone can share the entire process from A to ...