it is no news here that BRRRR is an awesome Real Estate strategy that build wealth and cash flow by recycling and growing capital. it is something investors have been doing for years and are still obviosly doing today...
I was reading a bunch of the threads early this morning and something dawned on me. (I can be a little slow sometimes!) The # of different threads and subjects was boggling. I reviewed some of the categories (topics) ...
There’s a question on Turbo Tax that we’re stuck on. Do we take all depreciation this first year as an expense or depreciate over the useful life? Not sure if I’m even asking the question properly but it says in Turbo...
Hello, my name is Jack Eller and I am a new Investor in the Phoenix area interested in Multi-Family cash flow investments and Flipping Single Family properties. I'm interested in networking for input building my busi...
My name is E J Howard. I'm retired but still active in the workforce, of my choosing. I'm looking to gain another perspective on investing in real estate. I've been a licensed Real Estate Broker in Illinois since 2005...
Hi: New here as well as to real estate investing. Very close yo my first deal (a lease option type deal) and very excited as well as very nervous. How do you keep your sanity whike doing your first deal or just tryi...
Hello All,I am a real estate investor with single family properties in my portfolio showing them under Schedule E on my tax returns. I don't have any employees and have property managers for a few rentals while the re...
Hello fellow househackers!
Two questions for the group in celebration of tax holiday cheer.
1. Does your tax preparer have you use a 1040 schedule E or 1040 Schedule C?
2. Which portion of the tax code do they ref...
Hello Everyone. Hope all are well and prospering. I am inside of a situation that I mindfully created and I am wondering if anyone could help shed some light from a new perspective for me. I will lay this out as quick...
Does anyone on here use Rentec Direct for their property management software? If so what are your thoughts? Do you do your accounting in it as well or do you use another program like Quickbooks? Do they work togeth...