Dear all!Hope your tax season going well.I am using TurboTax Self-Employed online to file my day job's W-2 and rental business taxes. I manage my properties through single member LLC.When I am at the Schedule C the lo...

I am planning to use a Hard Money Lender to complete a rehab. I am assuming I will need to set up a draw schedule for any potential contractors. So far, the contractors I have contacted are expecting me to pay for all...

Hi y’all looking for some advice from any friendly loan Officers or other knowledgeable people. I’m refinancing my primary residence to take advantage of lower interest rates. Everything was going fine, closing date i...

Quick question about 2023 expenses.
We purhchased our first inventment property at the end of December 2023, but did not get it listed for rent until January.
We had some expenses associated the purchase in 2023 tha...

I have a multifamily home with 3 units. I live in one unit and the other 2 are rentals that had been rented out prior to 2023. In 2023 I did not rent the units out or advertise them. I do intend to rent the units out ...

Hello, all
I have started getting the permits on building out a 1,000sqft detached in-law unit. I am in the Bay Area and going to attemp to do as much work as I can myself and sub out what I can not do. I have done ...

I'm trying to track down some real world numbers or estimates of Schedule K-1 statements beyond the high level handwaving on Investopedia and the like. I'm going to make a huge number of assumptions and I want to be ...

Hey Guys,

I'm pretty well versed with doing my own taxes, using turbotax or whatever.. I have the 2008 home and business edition here.

This year I bought my first house, a duplex. I live in the lower, and the uppe...

So I have been following listings for a specific area I would like to purchase in and I've come across an interesting situation. Here are the facts and my corresponding thoughts:1. Property listed online (Trulia, Zill...