I had changed accountants between 2013 and 2014. The new accountant is insisting that I need to file a schedule C instead of a schedule E. In my opinion, I thought that continuing to use a schedule E would be the way ...
Hello BP community! Cynical newbie investor question. If you're working with a realtor who is also an investor, and they find you a good investment property, what's to stop them from taking that opportunity for themse...
Hello,
We are learning more of the in's and out's of depreciation, trying to decide how to handle depreciation on some properties.
Basically:
* Our AGI is past the point where we can deduct any passive loss carryo...
I’m a new landlord and I just finished my first BRRRR/HouseHack combo. I’m finding it difficult to get qualified tenants in who don’t have animals so I’m considering allowing them in my units. Question is there’s pros...
So I am already partnering with my SDRIRA on a flip - so I know how it works when investing. And I'm sure on Monday my accountant and my custodian could answer this question. But there are so many of you out there who...
After my duplex was built, I decided to try an build smaller more affordable places here in Chanute, KS. They will be 4 Plex, one bedroom ~500 sq. ft. apartments. It has been a learning experience. The area is a very ...
Hi guys,Closing on a 1950s single family in need of some TLC. IE. old pink bathrooms Etc...Plan to hold as a long term rental for now.....IW as curious to know if anyone has used the services of those companies that...
I have seen what happens to rents and values when legal weed is added to the equation. Is Oregon the next Colorado? In my mind the state is more attractive than a lot of Colorado. What is your take?
Hi everyone. Let me give you a brief background of myself. I am a full time sheriff deputy but have been flipping houses and holding rentals for the past 10 years. I currently have 20 rental units and have flipped 20+...
Hello! I am pending inspection on my flip currently, inspection came back asking for us to have a Licensed Structural Engineer "determine corrective measure to ensure proper support". Based on some of the pictures we ...