Jazmine Menders
How Do I structure my STR business to qualify for as many Tax write Offs as possibl?
Hi All,
I recently just started a Real Estate business specializing in short term rentals in South Florida. I am registered in my state as an LLC. I want to structure the business so that I can write off as much as p...
Anthony Wright
Rehab on a distressed rental / Tax
In July I purchased another rental in the East Sugar House neighborhood in SLC UT. The home had not been renovated/updated since the 1950's. I gutted the home, redid all of the electrical, plumbing, bathrooms, kitchen...
Jeff M.
Cleveland, OH Water Submetering Company
Cleveland area investors:Can you anyone recommend a company that sub-meters water service? The property is a three family in Cleveland Heights. I know Guardian Power and Water is one company. What about any others?Thanks
Paula Rodriguez
Write-off's when investing in real estate *not* as an LLC
Hey everyone,If one does not form an LLC and still invests in RE continually under their own name can they still write off travel, hotel stays, meals, educational material, seminar attendance costs, purchase of a car,...
Kevin Alvarado
Hard Money vs Construction/Rehab Loan
Hey everyone,I have my builder and lot ready. Permits and plans are in review. I am browsing for a loan to get the financing side of this project taken care of. I am wondering which one of the two loans (hard money vs...
Nathan S.
Home Office Deduction - Mileage
Hi BP world, I am currently not taking a home office deduction since the entire space I use in my primary residence for my rental business is also used for personal activities (computer, file cabinet, office desk). A...
Stephen Roy
First visite on a 5plex
Hello guys,This Sunday I'm going to see a 5 unit alone since my last flip 3 years back and yes I'm scared. Going out of my comfort zone and i love it! Anyways, I've ask for a few information’s in advance like what was...
Jon Klaus
FHA inspection
I have a 51 year old home that looks like I have a buyer for. FHA financing. It's in good condition, but with it's age it has some issues/aging. Older electric breaker box and wiring, for example. And a roof with a...
Account Closed
I disagree with my accountant on interpretation of the de minimis
I dove into the IRS code today, and I think I have an airtight argument that the de minimis rule applies not only to personal property like refrigerators and computers, but also to materials and supplies used in impro...
Keith Turley
DO ALL HOMES APPRECIATE? ????
What factors will cause a home to appreciate? And would buying a home that was built under a certain year not have a chance of appreciation. In advanceThank you all for your responses.