Ashley Rothacker
More Complex Tax Deductions for Airbnb Income
Hello! Wanted to discuss the more complex tax deductions for short term rentals/Airbnbs. The two STRs I own are 100% exclusively used as STRs. I'm familiar with all the basic deductions i.e. cleaning fees, utilities, ...
Ashly B.
Inspection yesterday found cockroaches - advice?
We put an offer on a 4 plex. It meets the 2% rule, has a great cap, all units are rented and honestly needs minimal work (although it has great potential to increase rent with a few upgrades as its in an up and coming...
Davis Hooten
Airbnb/House Hack combined - Tax Timing Question
I recently bought my first home with a conventional loan near the end of 2022. I've been setting it up to rent out part of the house through Airbnb while living in the other half. I've done some research into the tax ...
Latisha Youngblood
Wholesaling Mobile Homes. Need to understand the steps
Hey, anyone can explain to me what are the steps when wholesaling mobile homes. I totally understand that it is treated like a vehicle but I need to get an idea how to wholesale these. I know someone in North Carolina...
Andy Bauman
Tax treatment of gain on lease options
Hey All! I hope you had a great 4th of July!I'm hoping any of you tax experts can help me out with something...I have a piece of unimproved property under contract right now in TN, for simplicity's sake let's say it ...
Terry Ramsey
Bed bug infestation from former tenant, I've attempted the sprays
Spraying not very effective, all the Orkins and others are extremely high for a Little guy. Any advise on low cost remedies?
Thomas Breedlove
Should I elect my LLC to be taxed as a corporation?
HI Bigger pockets I'm a newbie here and just starting out. I'm currently try to form an LLC and am going through process now and should I elect to be taxed as an LLC or Corporation? All we will really be doing is the ...
Adrienne Patel
Advice on tenant refusing pest treatment in apartment
Hello all, I'd love to hear anyone's thoughts on this. I manage a 10 unit apartment complex, and we have a mostly mild (some units moderate) roach infestation that is affecting almost all the units. The exterminator...
Nicholas Alves
Buisness Trip Write Off Technical Questions
Hey guys! Two part question here. Is traveling to a different state to look at rental property considered a business trip? I will be going to Hawaii to look at some rental property. However, I do not have my LLC fo...
Liliya Patton
limitations when electing rental RE activities into one activity?
With respect to real estate professional status, are there any limitations or traps for the unwary when electing to aggregate rental real estate activities into one activity pursuant to Code Sec. 469(c)(7)(A) and Reg....