Chris Harkins
Tips for Landlords on Scheduling & No Shows
So we are in the process of renting out a couple houses again and now comes the lovely time of meeting with prospective tenants. I remember the first year of ever renting out homes, I was so nervous about offending so...
Susan O.
1031 depreciation schedules for Improvements do they forward?
Hi I'm going to be doing a 1031 exchange soonI wanted to ask and make sureIf I did about $30,000 in improvements being depreciated over 7-10 years on my old downleg propertyWould this be forwarded to the Depreciation ...
Jason Krasavage
Chicago Low Rent Schedule = FHA Self Sufficiency FAIL
Trying to close on our first 4 unit this week. Everything has gone relatively perfectly until now. We got the appraisal back Monday, and although it was at the exact valuation we wanted, and didn't require any changes...
Haiyang A.
Rehab costs on Schedule E Line 19 Other?
I have a tax-related question. I acquired an additional property in October last year and incurred rehab costs in the last two months. Since it’s not my first property, I think I can deduct operating costs on Schedule...
Brigitte Garrett
PPP loan success for Schedule E reported rentals???
Has anyone had any luck supporting PPP forgivable fund applications for their 4unit and under Rental Properties reported on their Schedule E? If yes, what information did you use to support getting this loan? As fa...
David Thornton
Who Schedules maintenance? Office manger or maintenance tech
Currently my techs get a work order and then do all of there own scheduling, this works most of the time. Sometime I feel like they are not being that efficient. May switch to office manger setting 2 hour blocks of ...
David Y M.
Tax Schedule E Questions for Active Participation Loss
Current Situation - Trying to tax plan for 2020 tax year- househacking with SO and 3 other roommates, and planning to claim active participation and claim a deductible passive loss- Deductible expenses are based off f...
George P.
Interest from Tax Liens, LLC and Schedule C
When buying tax liens in the name of an LLC, do I have to fill Schedule C (profit and loss) for tax lien interest (1099INT) or can I show it on my personal return? I don't have any income in the LLC name otherwise.
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Dennis Mbuthia
House hacking, Schedule E and Buying home #2
I need some help, I just finished house hacking for a year where I lived in a 4 unit condo. I rented out 3 units and resided in one. I am about to file my 2020 taxes on the rental income received. I plan on using Sche...
Paul Miranda
Has anyone been able to Schedule a test?
Particularly in the CA area, has anyone been able to schedule a sales exam on the self schedule site? I've been trying for about a month now. Anyone else having the same problem?