Hi Everyone,I apologize if this is a dumb question, but please enlighten me if you'd be so kind. Why wouldn't I hire a Property Manager if that is a Tax Deductible expense? Why would I do the work myself if the cost o...
I have three rental properties in the Houston area. My family and I recently relocated to Arizona and so we reached out to a friend who has a handyman business to ask him to property manage for us. He is asking questi...
I know Ive seen a thread re: this but I cannot find it. If you utilize a full time PM company for an out of state rental property can you still deduct expenses for an annual/semi annual visit??
I’m in process of learning how rental properties tax deductions work. One item I see is properly management.
If I manage my own property, can I form a LLC as a property manager with myself as the employee? In essen...
Does anyone know if a landlord who hires a property management company is supposed to pay Employer taxes for the Property management services?
My niche is SFR and I do some Multi family. I'm working on 400 SFR units that will be funded by HUD loans and Tax Credits. I will probably end-up restricted to 200 units, but 400 would be great. Need experienced manag...
My partner and I bought a 12 unit apartment complex in Tullahoma, TN (an hour outside Nashville). In the process of buying we learned it was built using Tennessee Housing Development Agency (THDA) Tax Credit dollars m...
Hello and thanks for all of the help and information on this forum. I was wondering if anyone has some advice on software that can help me organize me with my rentals. I am new and have under 10 units, but looking to ...
Hello,I am planning to self-manage my property in chandler. I learned that I need to pay TPT tax to the city. Can somebody provide me input on how to do that. Do i need to get a license to do it ? The city's website i...
I'm a newbie to STRs (I have LTRs) and looking to start in Branson (3 hours from home). I am debating self-managing vs using a PM, and am struggling to determine the tax impact of that decision.I know Sch E is where ...