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Results (10000)
Mike Ritchey personal home for tax deductions
7 February 2023 | 4 replies

I have 4 SFH's that are currently rented. my question is should I put my personal home under my business LLC and pay my loan thur that
so I could get the tax benefits and write off for any repairs. 
or would that be...

Theresa Holl STR Pros, investors and business partners...how savvy is the average STR host?
15 December 2023 | 7 replies

Hey all,  I've been doing some market research lately and was struck by how few STR hosts with fewer than 20 or so listings take it seriously as a business.  Do most of the smaller hosts/investors you know still just ...

Tim Nicholas which bank would you choose?
12 April 2018 | 2 replies

I have entered into financing with a bank on an 11 unit property (plus they hold the mortgage to my other 6 units) and they have order the appraisal, however I found another bank that will do a 20 year verses a 15 yea...

Charles Whitaker $ reinvested/$ paid to you
7 March 2008 | 3 replies

I know that each person has their own opinions about their money but how much do you allocate when reinvesting? Also, what do you pay yourself out of profits? I would like to know what others are doing and trend from ...

Arun Kumar Balasubramani Partnership management on Rental Property
28 June 2019 | 3 replies

I bought my first rental property along with my partner. Currently, the deal is 50-50. My partner is doing the loan and i will pay him 50% on all the expenses. Once we rent that, Its going to be 50-50 on the profit or...

Noah Condon Starting an LLC
2 April 2024 | 3 replies

If someone could simplify the steps to opening an LLC for a full-time house flipper that plans to also get a general contractors license in the near future. Thanks in advance!

Account Closed Obtaining a business license for fix and flip
27 December 2018 | 3 replies

Good evening to everyone, I am a beginner investor and would like to know if anyone has any suggestions on what to actually categorize your LLC as when you are trying to fix and flip and/or buy and hold property?  I h...

Bill Briscoe Meals Tax deductions at 50% or 100%
17 September 2013 | 18 replies

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...

Jim Murphy questions for home flippers!
1 February 2010 | 6 replies

What kind of volume can I honestly expect to do over a one year period? I have been looking at areas in or near Albany NY and at properties that cost $35,000-40,000 but have arv of about $95000-110000 .Based on your ...

Andrey Y. Initial vs. Refi as the source for depreciation deduction
18 December 2016 | 5 replies

Quick question for you folks. Say a property was purchased in 2011 as a primary residence, was placed in service as a rental in 2016, but was also refinanced in early 2016. How would you go about calculating your cost...