Hi all-I was reading one of the blog posts on the Short Term Shop blog about Schedule E vs C, passive vs non-passive. In the blog, they reference, "According to Treasury regulations, vacation rental owners who rent th...
We are closing on a property on Pigeon Forge, TN which will be used as a short term rental. The total use of property will be for <7 days on average, however we will not be providing substantial services to the gue...
Hi Everyone!
I have several units and I work full time, so I work hard to automate my rental business as much as possible. So far so good!
Tenant screening is working great once the tenant moves in! Three evictions...
Quick question for a tax professional, I've read extensively and started to draft a modification for our partnership operating agreement - but want to verify that this method works. Since we use our personal vehicles...
I was looking for a way to have prospective tenants book their showings within a specified time-frame, so I don't have to play phone tag and make reminder calls, etc, etc. I ran across this and am going to try it...
I just got my first K-1 from a multi-family syndication and want to understand it. This is the actual K-1 with real numbers and only personally identifying elements have been removed. I'm going to describe what I th...
Good Evening,
I have a question, so I bought a rental property with tenants in place, The previous landlord didn't require them to have a security deposit, How would I go by with telling them that I required a securi...
Hi
Anyone knows how often these bootcamps happen and when would be the next one this year? Thanks!!
https://get.biggerpockets.com/multi-bootcamp-2024-pro-1/Enroll in the Small Multifamily Bootcamp
May 21, 2024 - Ju...
I just bought a 4th rental property, the schedule E has only 3 spaces, Do I file 2 Schedule E forms and just add the amounts together on line 17 of my 1040??
Hi all. I love love being an agent and Property Manager but some days I feel like it consumes me. While I am not feeling burned out, I could see that if I do not make some realistic schedules, I soon will be. So her...