Hey there!!
I have 9 single family homes ranging in price from just 65,000 to 430,000 and I know that most specialists would say not to pay for a cost segregation study as the values of these homes are under a certai...
Hey BG community,It's that time of the year again for taxes! Since I only had a W-2 and one rental property income, so it looked straight forward enough to do it all by myself on TurboTax, right? By pure procrastinati...
Efficient property management is a delicate balance between seamless operations and strict compliance with legal requirements. In this comprehensive guide, we'll delve into the key strategies for streamlining property...
Hello, When reviewing a multifamily property and the current rent is listed how do you verify that the current tenants are actually paying their rent? Anyone can create a spreadsheet. I often hear about the rent roll ...
I had my wood floors of my rental home owned in another state resanded and stained for $ 1,650.I paid in Cash and requested a paid receipt for the job to be emailed to me. I'm still trying to get him to do s...
Hi BP folks,I ran a real estate software company last year and probably spent more than 750 hours on building the software. The software allows real estate investors analyze rentals and flips etc, can I qualify as a r...
We are thinking of getting a cost seg study for an SFR that's a short term rental. We got an analysis from 2 different companies and savings wise it makes sense. However our CPA won't do it he says he can't stand behi...
I was wondering if there's a better way to keep your receipts together? Is better to keep them together by month, by vendor, or something else? I want to work smarter, not harder!
I also own a small plumbing and heating company. It's formally owned by me, but my brother does 100% of the work as an independent contractor. Since 2008 was our first year, I've never had to 1099 him up until now. ...
Hi Folks,Let's say I have a primary that I bought in 2000 and I started renting it out in 2010. Question: - is the depreciation calculation is started from 2000 or 2010 ?- let's say by 2020, I want to change the metho...