Scott Anderson
Should I hire a tax advisor? first time filing taxes with an LLC
Last year I began investing in real estate and will need to file taxes for 2019. I have an LLC with 2 single family homes that were both purchased in 2019 and used as buy-and-hold rental properties. Since this will be...
David Kim
Do you have any personal rules for when to file an insurance claim?
Historically, I've been very averse to filing insurance claims for fixing things like broken windows, since I worry about premiums going up too aggressively, and the general ability to get insured at all. I just kind ...
Noah Bacon
Where do you store your files and property data for easy reference?🗂️
As a real estate investor, there are so many different type of records that you never know if you'll need to reference in the future! What platform do you use to store your files/records?🗂️📁
Were' talking: Inspecti...
Hima A.
Tenants trashed Rental before they Moved out; Filing Claim w/ their Renters Insurance
Tenants trashed Rental before they Moved out this past July 1. What should I detail in filing Claim w/ their Renters Insurance company? They trashed the floors (carpet & LVP), damaged the washing machine & d...
Oxana Loseva
Pay off student loan or open LLC and file for a utility patent?
Hello, I have a question of what is the best financial strategy.
In Jan 2024 I will have $17k in savings. And I can use it to pay off $14k in Sallie Mae loan. I have more loans than that, but this one is the highest...
Suhaib Rehman
File amendment to claim passive activity loss in investment property being a Realtor
Good day Everyone,I am a professional in tech, my wife is a realtorI bought the house last year and incurred a net loss. When I filed taxes using turbo tax, I filed Schedule E but there was no form 8582 which is to d...
Account Closed
Self-Directed Solo401(k): Manually recording a "conversion to roth" in txt file??
I signed up for discountsolo401k.com recently. No complaints but I'm paranoid about recording my "conversion to roth" manually. DiscountSolo401k Support did already answer this question... but I'd like a 2nd opinion. ...
Erin Lamb
Scott Carson has 3 new court cases filed against him in June 2020
Bringing the Grand Total to 27 that I know of!
When does this end!
When does Rachel Luna at the Texas State Securities Board care about this Austin Resident and Self Acclaimed Note Guru bilking his investors for hun...
Vaibhav Bakre
Filing small claim petition on tenant who did not provide a forwarding address
My tenant did not provide a forwarding address when they moved out. They actually abandoned the property and caused lot of damages to the property. I want to file a small claims petition. I have tenant's name, DL, and...
Brandy Morineau
Can I claim a home office if I only file a schedule E?
I have a vacation rental that I rent out 100% of the year on Airbnb and do not file a schedule E. I heard the podcast recently about filing a home office deduction for the 8x8 ft office space in my home, but when I t...