I hired a contractor to install a new A/C unit for $4,000. Do you know if I must file a 1099 form to the contractor. I am not a real estate professional.

My wife and I own a home that we are renting to another family. I have a property manager who manages the renter and we pay him more than $600 per year for his services. Since the payment is over $600, IRS requires us...

Hey, all- would love a recommendation for CPA knowledgeable about our specific needs.
Hubby is an active-duty Marine (26 years... so far 🙃) and we are heading back stateside soon (AZ). Own two homes (FL and SC) with ...

Here's a pretty simple one for anybody that understands my situation. I need to setup an LLC with an operating agreement that includes language about the use of outside capital from family and friends in addition to c...

Hello everyone! I've been browsing the forum for information on this and decided I'd ask my questions. In roughly 9-12 months I intend on purchasing property in Greater Boston area. For now doing my research and analy...

Hi All,I inherited a Single family home in Sun City Hilton Head. It's not big, only about 1290 Sq. Ft. I am planning on repainting and renting it out. The market is supposed to be pretty decent, with this model home g...

Hi all, thank you in advance for answering. 1. Excluding a LLC incorporation costs and renewals.Costs - What are the average costs associated with monthly/yearly accounting/tax reports when a rental property (single f...

Newbie question for fellow investors.
Anybody has experience working with omnikeytexas.com for turnkey property in Texas. Starting out new as out of state investor. 
Another question is on LLC, I am in California an...

Wondering about the implications of the new tax law.  First, since mortgage interest and property taxes now have limited deductibility, would it make more sense to incorporate, even in a pass thru, to retain that dedu...

I've recently met with both an attorney and CPA (separately) about entity formation. They both offer formation services at vastly different costs. The attorney will charge nearly 8 times as much to form a Series LLC t...