Thinking about listing my in-home apartment on airbnb and learned that airbnb income can be considered "active", not "passive" in the eyes of the IRS and results in the owner having to pay SE taxes on top of income ta...
Good afternoon - What does anyone suggest when submitting an offer for a property where we'll be using cash and/or hard money on the deal, rather than conventional financing (pre-approval letter)? Bank statement, let...
I am willing to supply the washer & dryer in each duplex units for tenant use and convenience only but I don't want to deal with the associated repairs. Am I allowed to make the tenant responsible for the repairs...
When you have your own business, such as a vacation rental, you always have to be on the lookout for entities trying to grab cash from you. A few weeks ago, Newport Utility, my electric provider for 4 properties, dem...
Which deduction do most rehabbers use when providing water, snacks, pizza, beer, etc for their work crews (family, friends, etc) on the jobsite?
I had always used the 50% deduction in other businesses, but ac...
Hey gang! We've always used Lowe's for the convenience of getting everything we need at one place; therefore, we use a personal credit card with them for that 5% cash back. I've been looking at their business card opt...
We are currently rehabbing a duplex that has no washer/dryer hookups. There are closets near the plumbing that we can use and I got a quote of about $900 to run plumbing and electric. We already have the drywall down...
I'm thinking of adding an appliance contract to my lease. The things I worry the tenant might break are the waste disposal and the dishwasher because they have the most moving parts. What do you usually stipulate...
https://matrix.recolorado.com/Matrix/Public/Portal.aspx#1Short Sale
Light and bright living spaces, and picturesque mountain views, this stunning ranch-style home located in Bella Mesa won't last long! Upon entry, yo...
We are close to settlement on an investment duplex. Our first investment property which is both exciting and terrifying, which means more questions in the other forums as well.
Anyway, the previous tenants had their ...