Good afternoon all my fellow STR'ers!I have a home in Florida that I STR in Four Corners, FL when I'm not there. It is a good sized home (3000 sf) in a great location on a lake. I've done reasonably well renting it ou...

First, I'll lay out the facts and then I'll follow that with the questions...
The Scenario
1. We purchased a house for $467K as an investment property in January, 2022 (the 3rd in our portfolio and in no way would b...

Hello, I just received an email for free inspection of energy saving as following:------------------Thank you for your interest in the Energy Saving Programs offered by your local utilities!!!By Participating you are ...

Hello Everyone,A friend of mine has a service company with 5 - 6 large vans and expanding. Needs a property with the following characteristics: a lot that needs to be fenced for security, office space for 2 to 3 peopl...

I have been renting out 60 percent of my house for the last 5 years. I used 60 percent for all depreciation regarding taxes. I moved to a new state and I now rent out 100 percent of my house. I'm wondering how to ca...

Can someone please tell me what is needed to depreciate a rental? Years ago I depreciated my home, yet my bookkeeper moved on and I haven't depreciated since them.

I remember she told me to call the assessors office...

Are there any restrictions to continuing to take depreciation and interest deductions during a long term renovation of a rental property? 

hello~ seeking guidance regarding "start up" deductionsOur 1st rental was in service April 1st 2014. We spent OVER 5k to prepare the home to be rented.  These funds include things like utilities, materials for plaster...

I did it! I bought a duplex. I'm living in one unit. I'm renting the other. Now, I want to be proactive about the bookkeeping so that I don't have a nightmare at tax time. Here is what I want to know. I set up three n...

I want to know about brand activation and how it help to boost my business.