Hi - I am W-2 employee for commercial real estate broker. I have my real estate license and spend most of my day working in office leasing. I have one rental property that I own personally. Can I classify myself as...
Tenant has lived there for a month and has had 4 service calls. Each one the father in law "finds" the issue. Except the house never had any of these issues with previous occupants and went through inspection without ...
Help! Our CPA suggested we form our LLC in Arizona because thats where our rentals are but a business lawyer thought it was weird that he didn’t suggest forming it in Las Vegas, NV (where we live) because it Should be...
Hi Everyone, We just launched our first STR and have hired a cleaner. They are a sole proprietor and I am wondering what information I need to collect from them in regards to taxes. Thank you!
...specific requirements and perform certain functions. It is not software that emerges organically or by accident.
Cost segregation on your commercial property is incredibly impactful right now because, in 2023, bon...
From my understanding, long-term rental income is not considered "earned income" but what about the income from a STR or MTR if I self-manage the rental?
...it(just read it somewhere), does simply including another OPTIONAL intention/objective make it legal or safer? I'm thinking I disclose this but not as my SOLE intention but ALONG with (or) to acquire financing to k...
Can someone please help me understand the voting process here on BP?
Here is some language from the one we are using:
2. The entire proceeds of this loan are to be used for a business purpose and not for personal use and the property will be rented for a period in excess of 12 months....
***Please move post to the correct section, if this is in the wrong one. I apologize, in advance.***Hello,I know there have been other posts about when to post a property for rent, but none address the possible tax ad...