Hi all. Newbie here. I noticed Brandon Turner often mentions his tenants pay all the utilities in his rentals. That was a new concept to me, since every apartment I had ever lived in the landlord paid water/sewer/t...
I'm reading a P&L that came up with a NOI that did not take in to account property taxes? How is that a thing? Is the formula ....Income - mandatory expenses ... ( taxes, insurance) Income - taxes, insurance an...
Hi, please forgive me as I am new to airBNB.
For tax write offs, what would be best to handle utilities bills? Property manager or doing it yourself?
Good day to the BP family.How awesome is this Family? So great full of ton of information. I am looking forward to making some big moves and get into REI. I am learning a lot and my goals and plan are becoming clear a...
Hi all, looking for a quick overview of which type of rental expenses counts against your debt to income ratio and which do not? For instance, I am assuming that any utilities I pay are a straight expense, but what ab...
I am getting ready to rent out my first house (it's my dad's house, he's in a dementia facility now). One basic question that I have: what, exactly happens with the utility bills once a renter moves in; do I change t...
It is my understanding based on ITC Section 48, rental property owners can now take advantage of tax rebates to install updates. Additionally some of the costs such as updating the electrical panel and trimming trees ...
I'm researching a foreclosure coming up for sheriff's auction next week and discovered there are several judgement liens on this property and a second mortgage. The primary mortgage holder is foreclosing. My ques...
Im purchasing a 5000 sq ft industrial commercial flex space and its my first time doing this. I mostly own single family residential. Im using a commercial brokerage. Im wanting to understand the finer things when ...
I have a Net Operating Loss on my LLC of $43,320 in 2018. Question 1) How much of it can I deduct each year for my personal taxes and for how many years?Question 2) Can this NOL also be used to deduct future business ...