Vivek Kumar
Finding ideal rent
Any guesses if this is the good rent for this property ? Last tenant was paying $2300 but now I am clearly struggling to lease it even at $1900 (reduced from $1950 just yesterday)https://www.zillow.com/homedetails/23...
Jeremy Zindel
Business overhead expenses on a Schedule E
Just wondering what the correct way is to handle business overhead expenses for my rental properties when it's time to account for those expenses at tax time? (i.e. cost for business PO box, Quickbooks, miscellaneous ...
Mio Chee
DTI- How does a financed property and its expenses affect?
DTI question (I am ESL. Please bare with me). Any input is greatly appreciated.
My husband and I purchased a rental in July 2021. After a rehab, new tenants moved in early September 2021. We are now preparing our ta...
Shawn Ab
New Member from Houston, Texas
Hey,Just wanted to introduce myself – long-time reader and decided to go ahead and take the plunge and finally create an account. I’ve been reading the BP blog posts/articles/forums and reading various RE books (HOLD...
Thiago Zanetti
Accountant fees, am I paying too much?
hi,I opened a business in the USA in 2017 to sell fishing trips to the Brazilian Amazon intermediating the best outfitters. With company's profit invest in real estate in the USA.We were starting to move on when the w...
Philip Mullinax
What documents should I ask for when evaluating a multifamily?
Hey guys,I am going to see two prospective quadraplex's this weekend and wanted to see if anyone had any suggestions as to what documents to ask the current owner for. I already know the taxes for both properties and...
Rebecca Browne
First time buyer living in Australia wanting to buy in Ireland
Hi, First of all i would like to say hello to all BP users and thank you for giving me this platform to increase all aspects of my knowledge with people who have been there and done it.I am Rebecca, 26 from Ireland. I...
Gagan P.
Rental Loss carry-forward
Do rental losses need to be used in the same year?Example: $15k in personal income but also $12k in real estate losses.If there's enough deductions to not pay tax on the $15k, then what happens to the $12k rental loss...
Josh Smith
Part rental: Mortgage interest+Property tax distribution between 1040-Schedule-A and
Title: Part rental: Mortgage interest+Property tax distribution between 1040-Schedule-A and Schedule E
I was doing a review of at my past tax returns which I have a tax firm file. For my part-owner-occupied-rental ...
Max Lichtenstein
Steps before buying Property
Hi BP community,I wanted to know what are your steps you take before buying a property. You get your pre approval mortgage from a lender and for the position I am in that is what I have to do. What do you look for in ...